Saturday, January 21, 2006

America's Greatest President Ever

Ronald Reagan, the fortieth President of the United States of America, and by far the greatest President that ever served this nation from the Oval Office. A man who stood by what he believed, stood firmly upon his faith, and endured great critisism because of it.

Ronald Reagan was formerly an hollywood actor turned polititian. He served the state of Califonia as Governor, elected in 1966, and again in 1970. Reagan was elected President in 1980 following the 4 year long fiasco of the Carter Administration. The good citizens of America were sick and tired of high inflation, and not to mention the conflict involving the nation of Iran where American citizens were being held hostage by terrorists.

One of his big things he is remebered for is 'Reganomics'!

Reagan started with large across the board tax cuts. "The early Reagan tax cuts of August 1981 embodied Reagan's supply-side economics. Economist Robert J. Gordon writes in his textbook Macroeconomics (9th ed. 2003, p. 392) that this was "the most dramatic shift in fiscal policy of the postwar era not related to the financing of wars.

America experienced greater finacial growth during the reagan years,
  • Real economic growth averaged 3.2 % during the Reagan years versus 2.8 % during the Ford-Carter years and 2.1 % during the Bush-Clinton years.
  • Real median family income grew by $4,000 during the Reagan period after experiencing no growth in the pre-Reagan years; it experienced a loss of almost $1,500 in the post-Reagan years. (source)

President Reagan was a very funny guy, he had a great sense of humor!

"The nine most terrifying words in the English language are: 'I'm from the government and I'm here to help.'"

"Trees cause more pollution than automobiles."

"Politics is just like show business. You have a hell of an opening, you coast for awhile, you have a hell of a closing."

Anyway you slice the pie, Ronald Reagan was the greatest President this nation has ever seen, and will ever see again. He is dearly missed!

No comments: