promotion image of download ymail app
Promoted
Anonymous
Anonymous asked in Politics & GovernmentPolitics · 1 decade ago

Why don't conservatives idolize Obama? He's just like Reagan.?

Reagan: expanded government, bailed out the S&Ls, raised taxes. Obama: expanded government, bailed out the banks, raised taxes.

Obama: one of the most conservative presidents ever?

59 Answers

Relevance
  • 1 decade ago
    Favorite Answer

    Wrong. Reagan lowered the marginal tax rates and corporate taxes as soon as he took office, which by the way, turned the horrendous Carter economy around in 2 years. Pretty much the exact opposite of Obama, who is only making the economy worse and worse with each bad move.

    “Ronald Reagan's economic policies addressed the problems of slow growth and high inflation that were so damaging in 1980,” . “High inflation was pushing taxpayers into ever higher tax brackets, and interest rates to double digit levels. Mortgage rates, for example, exceeded 14 percent.

    “President Reagan turned the economy around by chopping excessive marginal tax rates, reducing over-regulation, and encouraging the Federal Reserve to reduce high inflation. The result was strong economic growth for most of the following two decades. The economic impact of President Reagan's tax cuts was summarized by President Clinton's Council of Economic Advisers in 1994: ‘It is undeniable that the sharp reduction in taxes in the early 1980s was a strong impetus to economic growth.’ The work of the Joint Economic Committee played a constructive role in support of President Reagan's policies."

    • Commenter avatarLogin to reply the answers
  • 4 years ago

    I think God might be too strong a word. And the Republicans are just as adoring. They actually came up with "What Would Reagan Do" which seems almost religious in its own sense. I think he is seen as the last "most concervative" President. I mean look what we've had for the last 20-30 years? What else is there to choose from really? And it isn't surprising that Obama likes him. He pulled out of Lebanon. He almost mastered the "leave it to the next generation" spending policy which is typically favored by Democrats. It isn't surprising that Sen. Clinton doesn't like him because none of his ideas are hers and she is against anything Republican (look at her voting record to see that). He was definitely a liberal conservative. But he made it work and eeked out a bit of victory for us in many people's eyes. A lot of folks were able to get by or do even better under Reagan and that's what people remember. Money.

    • Commenter avatarLogin to reply the answers
  • Anonymous
    1 decade ago

    U need to learn history. U obviously don't know anything about Reagan. Ever heard of the Reagan tax cuts? Cuts in government spending, reduction of government? Only spending he did was massive military spending. He did not bail out any banks... He arsied taxes only on the upper class. Ur view is narrow. Did Reagan pass a $1.1 trillion dollar stimulus? NO

    I suggest you read Prsident Ronald Reagans Initial Actions Project. It takes what you said and makes u look like an idiot for saying that.

    • Commenter avatarLogin to reply the answers
  • Wrong on all counts.

    First, Reagan had to work with a Democrat Congress so not a lot of his agenda ever came to fruition. His program was indeed to shrink government, something 100% of Democrats have always fought.

    The S & L Bailout was under Bush, who none of us ever said was conservative and Reagan left us with net tax cuts, choosing in a few cases not to veto otherwise good legislation into which 100% of Democrats had demanded some tax increases be inserted.

    Obama, like every other elected Democrat in your lifetime is OPENLY racing to see how far and how fast he can take his agenda of bigger more intrusive government and higher taxes. Since he wrote about HIMSELF that his political core demands ending America, this should be no surprise.

    • Commenter avatarLogin to reply the answers
  • How do you think about the answers? You can sign in to vote the answer.
  • Anonymous
    1 decade ago

    Reagan lowered taxes, reduced the size of government. Bush sr bailed out s&L. Reagan defeated communism.

    Obama is forcing communism on us and people are two dumb to figure it out.

    • Commenter avatarLogin to reply the answers
  • Anonymous
    1 decade ago

    I remember Reagan de-regulating and selling off Amtrak, he is 180 degrees off from Obama, Reagan defeated communist tyrants, not propping them up. Reagan (and Bush for that matter) made alliances with countries that have poor human rights records and got condemmned by the very groups and media that now blesses Obama for making alliances with countries and leaders with poor human rights records. I will be very clear about this, I support equal rights for all races, sexes and sexual orientations, and believe we need to condemn barbaric practices, either we are one world or we are not, which philosophy will end up ruling the

    world, the one where women are accused of immorality and stoned to death along with witches, atheists and homosexuals, or one that tolerates them? Despite having the votes of these groups in the USA, Obama has made it quite clear which philosophy he supports overseas.

    Source(s): We need less government and less taxes, and we need to vote all incumbants out of office in 2010 and 2012 and maybe beyond, until they figure out we are not happy with tax-and-spend politics, by EITHER party.
    • Commenter avatarLogin to reply the answers
  • Anonymous
    1 decade ago

    what a joke this ? is. where's your links to compare? do you people just go around printing crap for the sake of irritating people?, or is it you really don't know what you're saying?

    -During Reagan’s presidency he decreased the tax rate of the

    richest quintile from 70% in 1981 to 31% in 1988 (Joint

    Economic Committee, 1990)

    -In 1981, the beginning of Reagan’s presidency, the top 5% of

    wage earners paid 35% of federal income taxes, while the bottom

    50% paid 8%. By 1988, the end of Reagan’s presidency, the top

    5% paid 46% of the federal taxes, while the bottom 50% paid 6%

    (Joint Economic Committee, 1990)

    -Inflation went down during Reagan’s time in office. In 1980 the

    CPI (Consumer Price Index) was 13.5, and in 1984 it dropped to

    4.3, and eventually to 4.1 by 1988. (Economic Report of the

    President, January, 1993)

    -Middle class families earning between $20,000-$50,000/year had

    a 28% growth in net worth during Reagan’s time in office

    (National Review, April 18, 1994)

    -The government brought in increased amounts of tax revenue from

    the highest economic quintile during the Reagan Years (55.7

    bill. In 1980, 55.9 in 1985, 58.1 in 1989), while the lowest

    quintile (2.0, 1.9, 1.6) and the middle quintile (13.4, 13.1,

    12.6) both gave increasingly less during those same years

    (Congressional Budget Office)

    (so what has your bone head obama done for the American worker lately?...increased his tax burden exponentially.

    BTW, obama, WHERE'S THE JOBS YOU PROMISED?????

    next time you might want to google your info. instead of posting crap.

    Source(s): google "ronald reagan unemployment"
    • Commenter avatarLogin to reply the answers
  • 1 decade ago

    I hope you're being sarcastic. Obama is nothing like Reagan. Don't forget, that Democrats had a huge majority in the House during all of Reagan's term.

    • Commenter avatarLogin to reply the answers
  • Bob S
    Lv 6
    1 decade ago

    Reagan loved this country and said so all his life.

    Obama hates this country and said so until he got into the senate but shows it in how he refers to us internationally.

    Reagan turned our economy around by cutting taxes and thus uncreasing revenues because of the increased amount of money flowing for taxes to be taken from.

    Obama has STOLEN ***TRILLIONS*** of dollars from us and HANDED them to his patrons and pet special interest groups while taking over the census and awarding the contracts to ACORN so that his personally-trained brownshirt army can help him gerrymander his way into an 8-year reign of terror.

    Reagan won despite the fraud vote. Obama taught and trained fraud voters.

    Oh, and Reagan was born in this country and served heroically in our armed forces.

    Obama is nothing close to American or heroic.

    • Commenter avatarLogin to reply the answers
  • ?
    Lv 7
    1 decade ago

    you really don't know history do you.

    reagan was for small government and the people in control

    obama is large government with czars in control that answer only to him. obama has expanded government more than the rest of the presidents together, at least in my lifetime.

    there is NO comparison

    • Commenter avatarLogin to reply the answers
  • Anonymous
    1 decade ago

    Reagan didn't expand government or raise taxes! You're insane! He lowered taxes and made government smaller and more efficient.

    • Commenter avatarLogin to reply the answers
Still have questions? Get your answers by asking now.