quote who="Jonnan001" reply="15" id="1939551"]Umm - yeah - Reagan far outstripped the Republican congress.[/quote]
or rather the Democratic congress and Reagan. say what you will about Reagan, Clinton, Dubya, etc. The President does not really control the agenda of the federal government. If you didn't sleep through Civics I, you'd know that: the Congress passes bills, and the President then either signs them into law or vetoes them. The President can "set" the agenda by proposing bills for Congress, but that may or may not go well for him, depending on whos in the majority there.
Reagan had the dumb luck of having a tax and spend Congress, ... he was able get a compromise from them on the tax part though.
OT, another example of this would be Clinton's terms. after 1994, Republicans took control of Congress, and for the next 6 years, Clinton had to play centrist in order to get anything done. (Believe it or not, Clinton was NOT a centrist. at least at first. he's what we'd call a political opportunist.)
It's worth noting that the average increase in GDP over those years? Well that's probably not fair to assk, I mean Jimmy Carter had the worst economic record of any Democrat since the 30's, while Ronald Reagan still has the best among republicans, so it won't surprise you to know that they measure . . . identically.
Reagan inherited Carter's disasterous economy. If you take a crap sandwich and after 8 years turn it into gold, don't be surprized if the average of that taken over that time is mediocre.
Almost literally - Carter was dragged down by stagflation in his last year which it took Paul Volker time to fix, an Reagan bnefitted from it's being fixed, and after doubling the national debt, shifting taxes from rich to poor, and increasing the difference between rich and poor, Reagan *still* only did as well as Jimmy Carter.
Sure... Volker helped eliminate stagflation.... by clamping down on the money supply and therefore bringing on a recession. In fairness, some of the recovery was the result of the Carter administration. ....that is, Carter's move to cut the capital gains rate from 40% to 25% and some deregulation, for example. IOW, whatever recovery Reagan inherited was from *conservative* policies that Carter employed, too little too late.
So yeah - since I'm not rich, and the wealthy did much better under Reagonomics than anyone else did, and he was giving the largest percentage of the GDP to the wealthy of anyone except Eisenhower and Bush I, and that GDP he was giving away was lower than any Democrat except Jimmy Carter - yeah, I think his borrowing money on everyones credit card, then saying the rich shouldn't have to pay as much of the borrowed money as the poor was kinda adding insult to injury don't you think?
ahh, so how shall i go about unravelling this mess?
first off, do you understand what inflation is? by the end of Carter's term, inflation was 13.5%. unemployment was 7%. how much is your typical pay raise, every year? maybe 5%, or 10%? Imagine you weren't getting a raise this year. right now i'm sure that's a realistic feeling. now, imagine that over the same amount of time, the dollar bill that is in your pocket lost value. can you imagine how that would reak havoc on your essential expenses? every year, groceries, heating, rent, etc. would be 10% - 12% more expensive, and yet assuming you didn't get laid off your paycheck wasn't getting much bigger. how much hurt do *you* think that would do?
you see, to use your own term, that dollar in your pocket *is* "everyones credit card." this is kind of a hard concept to graps, but really, all money is ultimately debt. every dollar bill that is printed is a dollar of debt added to the national debt. this is because there is no value in the dollar bill itself. it's just ink and paper. really fancy ink and paper to be sure, but if you went to Alpha Centauri to buy something, they wouldn't except it as payment, since ink and paper is presumably worthless to them. the value ascribed to each dollar (whether it be paper or electronic) is imaginary. it's funny money. the problem is, there's only a finite amount of value in the economy, so whenever a dollar is made up of thin air, the value of that dollar has to be exacted out of the value of the rest of the dollars in the economy. hence, inflation. and you can't print money to infinity, like Zimbabwe tried to do. at one point, you couldn't buy a sandwich without a billion Zimbabwe dollars!!! and don't be suprized when this bailout package (basically $750B made up out of thin air) drives the economy absolutely batty.
anyways, i'll stop rambling. you seem to fall for relativist, and IMO fallacious, reading of poverty. if a rich guy made a $100 googleplex dollars, but everyone else made a million dollars, and assuming the costs of living were the same, would you suppose that anyone was poor? you would have to, if you took the relative view, since a millionare *would* be "impoverished" compared to the ... umm... googolplexianare? if on the other hand, we look at an objective baseline to gauge poverty, like say the poverty line (and yes I know the poverty line is itself flawed, but its useful for the sake of example), we can determine that even though there might be financial inequality, poverty may or may not be as serious an issue. if you were a millionare, why would you care if i was an octillionaire? granted, if more and more people were falling below that baseline more every year, it's easy to sympathize with all the envy leveled against the "rich." but that hasn't been the case... even after adjusting for inflation, the average poor person was better under Reagan than Carter, as they were better under Clinton than Bush Sr. and at least until recently were better under Dubya.
another vague unrelated tangent, the poor in American really ain't that poor.