Get Mad! Country Going Down, Part 1



 


 


 


To the least, I am angry. In order to tell you why, I am going to start this discussion from scratch.

 

 

Please, visit this FaceBook page.

 

 

 

 

Standard and Poor downgraded U.S. credit rating from AAA to AA+ due to bad long term outlook of U.S. economy and broadening deficits. Both, major U.S. political parties are bickering each other for the downgrade. While, it is very clear that not just one party or factor is responsible for this setback, it requires a much deeper and broader analysis.

Wikipedia article Ronald Reagan, states:
“Ronald Wilson Reagan (/ˈreɪɡən/; February 6, 1911 – June 5, 2004) was the 40th President of the United States (1981–1989), the 33rd Governor of California (1967–1975), and prior to that, a radio, film and television actor.”
“Reagan was born in Tampico in Whiteside County, Illinois, reared in Dixon in Lee County, Illinois, and educated at Eureka College in Eureka, Illinois, with a Bachelor of Arts degree in economics and sociology.”
“As president, Reagan implemented sweeping new political and economic initiatives.”
“Reagan left office in 1989.”
“Ronald Wilson Reagan was born in an apartment on the second floor of a commercial building in Tampico, Illinois on February 6, 1911, to Jack Reagan and Nelle Wilson Reagan.[2]
“According to Paul Kengor, author of God and Ronald Reagan, Reagan had a particularly strong faith in the goodness of people, which stemmed from the optimistic faith of his mother, Nelle, and the Disciples of Christ faith, which he was baptized into in 1922.[9]
“Following the closure of the Pitney Store in late 1920, the Reagans moved to Dixon; the Midwestern “small universe” had a lasting impression on Reagan.”
“After completing fourteen home-study Army Extension Courses, Reagan enlisted in the Army Enlisted Reserve on April 29, 1937, as a private assigned to Troop B, 322nd Cavalry at Des Moines, Iowa.”
“In January 1944, Captain Reagan was ordered to temporary duty in New York City to participate in the opening of the sixth War Loan Drive.”
“After graduating from Eureka in 1932, Reagan drove himself to Iowa, where he auditioned for a job at many small-town radio stations.”
“While traveling with the Cubs in California, Reagan took a screen test in 1937 that led to a seven-year contract with Warner Brothers studios.”
“His first screen credit was the starring role in the 1937 movie Love Is on the Air, and by the end of 1939 he had already appeared in 19 films,”
“Reagan called Kings Row the film that “made me a star”.”
“While he worked at Warner Bros.,[33] Reagan enlisted his mother Nelle Wilson Reagan to answer his fan mail.”
“Reagan was first elected to the Board of Directors of the Screen Actors Guild in 1941, serving as an alternate.”
“Amid the Red Scare in the late 1940s, Reagan provided the FBI with names of actors whom he believed to be communist sympathizers within the motion picture industry.”
“Though an early critic of television, Reagan landed fewer film roles in the late 1950s and decided to join the medium.”
“In 1938, Reagan co-starred in the film Brother Rat with actress Jane Wyman (1917–2007).”
“Reagan met actress Nancy Davis (born 1921)[45] in 1949 after she contacted him in his capacity as president of the Screen Actors Guild to help her with issues regarding her name appearing on a communist blacklist in Hollywood (she had been mistaken for another Nancy Davis).”
“Observers described the Reagans’ relationship as close, real, and intimate.”
“Reagan began his political career as a liberal Democrat, admirer of Franklin D. Roosevelt, and active supporter of New Deal policies, but in the early 1950s, as his relationship with Republican actress Nancy Davis grew, he shifted to the right and, while remaining a Democrat, endorsed the presidential candidacies of Dwight D. Eisenhower in 1952 and 1956 as well as Richard Nixon in 1960.”
“Reagan opposed certain civil rights legislation, saying “If an individual wants to discriminate against Negroes or others in selling or renting his house, it is his right to do so”.”
“Reagan endorsed the campaign of conservative presidential contender Barry Goldwater in 1964.”
“California Republicans were impressed with Reagan’s political views and charisma after his “Time for Choosing” speech, and nominated him for Governor of California in 1966.”
“Shortly after the beginning of his term, Reagan tested the presidential waters in 1968 as part of a “Stop Nixon” movement, hoping to cut into Nixon’s Southern support and be a compromise candidate if neither Nixon nor second-place Nelson Rockefeller received enough delegates to win on the first ballot at the Republican convention.”
“Reagan was involved in high-profile conflicts with the protest movements of the era. On May 15, 1969, during the People’s Park protests at UC Berkeley, Reagan sent the California Highway Patrol and other officers to quell the protests, in an incident that became known as “Bloody Thursday.””
“Early in 1967, the national debate on abortion was beginning.”
“Despite an unsuccessful attempt to recall him in 1968, Reagan was re-elected in 1970, defeating “Big Daddy” Jesse Unruh.”
“In 1969, Reagan, as Governor, signed the Family Law Act which was the first no fault divorce legislation in the United States.”
“Reagan’s terms as governor helped to shape the policies he would pursue in his later political career as president.”
“In 1976, Reagan challenged incumbent President Gerald Ford in a bid to become the Republican Party’s candidate for president.”
“However, as the GOP convention neared, Ford appeared close to victory.”
“Reagan’s concession speech emphasized the dangers of nuclear war and the threat posed by the Soviet Union.”
“The 1980 presidential campaign between Reagan and incumbent President Jimmy Carter was conducted during domestic concerns and the ongoing Iran hostage crisis.”
“During Jimmy Carter’s last year in office (1980), inflation averaged 12.5%, compared to 4.4% during Reagan’s last year in office (1988).”
“During Reagan’s presidency, federal income tax rates were lowered significantly with the signing of the bipartisan Economic Recovery Tax Act of 1981 which lowered the top marginal tax bracket from 70% to 50% and the lowest bracket from 14% to 11%, however other tax increases signed by Reagan ensured that tax revenues over his two terms were 18.2% of GDP as compared to 18.1% over the past 40 years.”
“During the Reagan Administration, federal receipts grew at an average rate of 8.2% (2.5% attributed to higher Social Security receipts), and federal outlays grew at an annual rate of 7.1%.”

 
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