http://www.thedailybeast.com/articles/20...-myth.html
Fucking Reagan cut taxes on the wealthy and increased taxes on the middle class. The bastard is responsible for the income inequality we face today. He kick-started it.
Quote:Stockman recalled it a big differently in his 1986 book, The Triumph of Politics: Why the Reagan Revolution Failed. “Of the spending cuts Congress allegedly owed, $100 billion consisted of savings in debt service that Congress couldn’t do anything about; $40 billion was management savings that we had promised to come up with, and hadn’t; another $30 billion had actually been delivered in Medicare reimbursement reforms and other measures. Most of the remainder was the $50 billion in three-year defense cuts Howard Baker was proposing to cut again—and which Weinberger was refusing to cut again.”
Fucking Reagan cut taxes on the wealthy and increased taxes on the middle class. The bastard is responsible for the income inequality we face today. He kick-started it.
