"How Ronald Reagan's Policies Destroyed The United States"
Photo by RaulVB-flickr #Reaganomics – “killed America’s middle class”
“Despite his reputation as a tax slasher, Reagan raised taxes three times and tripled the deficit during his eight years in office. Sadly, his working-class “Reagan Democrat” admirers don’t seem to remember that one of his tax hikes raised payroll taxes, which hurt poor and middle-class Americans and shielded the wealthy - “You’re on your own”.
The main reason he’s remembered as a tax-cutter is because of what he did to tax rates for the uber-rich: He slashed the top rate from 70 percent to 28 percent and income inequality has soared ever since so that today, the top 1 percent of Americans controls a quarter of the nation’s wealth, as opposed to 8 percent when Reagan became president” - Source
Most politically astute and knowledgeable people remember that it was President Ronald Reagan who began the assault on our unions by taking on the Professional Air Traffic Controllers union (PATCO). By refusing to negotiate with the union regarding pay and working conditions and hiring replacements (i.e., scabs) to take their jobs, he set the stage for the ongoing eradication of unions and the working middle class.
A more fitting tribute to his legacy would be for each American city to name a park bench – where at least one homeless person sleeps every night – in honor of our forthiet president.
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“Reagan worst president ever – ultimate borrower and spender”.
https://www.youtube.com/watch?v=-b1ePD_Hi_w