Why is Reagan seen as the best president in the USA when he literally destroyed the American economy with trickle down system and was strongly against worker unions?

Only an idiot, or a partisan hack would look at statistics such as these and conclude that Reagan had harmed the economy, or the middle class. The truth is just the opposite, he saved them both.

Reagan didn’t destroy the American economy with “trickle down” system. He was not strongly against worker unions.

So impressive was the Reagan Recovery that at the G7 Economic Summit in 1983, when it was obvious the President’s plan was working, the West German Chancellor asked him to “tell us about the American miracle." That was quite a turnaround from two years earlier, when President Reagan outlined his economic recovery plan to an unconvinced group of world leaders.

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Economic expansion, tax cuts, and job growth were primairy drivers of increasing the net worth of families earning between $20,000 and $50,000. Also contributing to this growth was asset appreciation and inflation moderation during this time period.

As President Reagan's policies were implemented, economic growth began to take off. This favorable economic environment allowed businesses to thrive and expand, thus creating more jobs and lowering unemployment.

As Reagan's economic policies began taking off this ultimately led a substantial rise in Gross National Product (GNP), reflecting increased productivity, business expansion, and investment.

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As to the charge that he opposed worker unions, that is also demonstrably false. That is a pernicious lie that stems from Reagan’s justified termination of the employment of members of the air traffic controllers union , also known as PATCO. This union went on an illegal strike in violation of a contract they had signed that stated they would NOT go on strike. They broke their contract, and put the public safety at risk. Reagan gave them 48 hours to return to work, or face termination. Many of them found out Reagan was not bluffing when he fired their worthless asses.

Now, however, they all wanted to know how he did it, so he told them: reducing tax rates restored the incentive to produce and create jobs, and getting government out of the way allowed people to be entrepreneurs. From there, the free marketplace operated as it was supposed to.

Reagan never supported anything accurately referred to as “trickle down economics.” That is because no such theory exists. The following should clarify:

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Tax cuts were only one “leg of the stool.” The second, jobs, was equally strong. Not only were there millions of new jobs, but the benefits of job creation were not limited to one segment of society. Employment of African-Americans rose by more than 25% between 1982 and 1988, and more than half of the new jobs created went to women.

Taming the lion called government spending was another key component of the plan – the “third leg of the stool.” Here, too, President Reagan did what he said he would do. During his Administration, growth in government spending plummeted from 10% in 1982, to just over 1% in 1987. With inflation factored in, Federal spending actually went down in 1987 – the first time that had happened in well over a decade.

NET WORTH OF FAMILIES EARNING BETWEEN $20,000 AND $50,000 ANNUALLY GREW BY 27%

Hello,hope y'all doin good, i came to Quora to share my strange story , a very weird one , a story when luck smiled at me ,maybe u will enjoy it , let's begin,have fun... A year ago ,I was a real porn addicted(btw I was 18) ,but never had sex before, I don't have a gf I didn't try to find one even ,always thinking to go to find a sex worker but then I just don't , everyday watching different bodies getting fucked and everyday enjoying. One day, I was watching porn, a big ass lady with big boobs ,just after seeing her the image of my female cousin poped in my mind, (let's introduce her : she's 35 years old , very big ass , nice boobs ,not very big but nice,always wearing tight clothes , she's divorced ) and I thought of me fucking her ,I never had sexual desires for her but now I do days went by and when I met her I was so horny ,I couldn't stay with the family cz my penis was clearly erected , I realized this is my first time I get horny for one of my family ,it not illegal in my country.well to make a long story short( if u want details just text me I will tell u 😊),I decided to give her signs that I want to fuck her,finally I decided to have sex and with my cousin , I thought it is the best beggining for me, i started touching her when I came across her in a narrow place , make her feel my hard cock when we hug , I thought it will hard and I will be ashamed but no , I felt nothing and she said nothing , probably she thought it was by mistake,anyways, I decided then to talk with her about sex, waited for her to be alone in a room and talk with her, I confessed everything about me watching porn and addicted..etc,she said it's normal and u are growing up and u must have sex,well at that time I was like whaaat????? Well I didn't control myself and asked her for sex ( horny like I Ve never been before) she said that she will think Abt it ,2 weeka went by then she called me ,telling that she reserved a room in a hotel and we meet tonight ,we met,and bruuhh, sex is great , I mean, I had to find a pirstitue ,what I was waiting for to have such a feeling ????, I will never forget that night, I started kissing her she was kissing hard ,she misses sex so bad , she sucked my dick and swallowed my semen ,I felt I'm in a dream , then when fucked ,her ass was very big and the anus was open ,didn't struggle to get my hard cock inside it , she was obviously missing sex , she was shouting ,fuck me yh fuck me , I go fast after every word until I cum , we did that 3 times , then we went to her pussy , using condoms I fucked her so hard the moans were higher , everything was perfect ,in the end I asked her to lick her body , licked pussy ,ass, boobs,then she sucked my cock until we sleeped ,all I know that she was dirty ,well before even having sex with her I knew she is an open minded woman , and a woman that looks that she donesnt know anything , but she knows everything, but never expected having sex with her ,well she was horny and that helped...but no one of us regretted that sex ever.. We still have sex from time to time ,and I started having sex with sex workers , joining threesomes..etc If u want pics of her text me.

20 MILLION NEW JOBS WERE CREATED

In a phrase, the American dream had been restored.

During the Reagan administration, there was a significant decrease in inflation, with the inflation rate dropping from 13.5% in 1980 to 4.1% by 1988. This decline in inflation was a crucial accomplishment for the administration and was attributed to various factors and policy decisions.

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The Administration's focus on fiscal restraint and reducing government spending, combined with tax reforms, deregulation, and the resulting economic growth all worked together to bring down the inflation rate. This decline in inflation provided a more stable economic environment, which contributed to increased business confidence, and investment.

Reagan was and remains the greatest American President and world leader of the modern era. None of the revisionist nonsense be spread now will change that irrefutable fact.

REAL GROSS NATIONAL PRODUCT ROSE 26%

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THE PRIME INTEREST RATE WAS REDUCED TO 10% BY AUGUST, 1988

Reagan did support supply side economic policies that saved both the American economy and middle class from the disastrous economic policies of the miserable failure Jimmy Carter and the Democratic Party. Over eight years the Reagan Administration achieved the following:

The combination of tax cuts and deregulation was a catalyst for economic growth and job creation. Several industries experienced expansion, including finance, technology, and manufacturing. During this expansion, business had more capital and flexibility, which led to job creation.

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INFLATION DROPPED FROM 13.5% IN 1980 TO 4.1% BY 1988

THE FIRST HAND RESULTS OF THE REAGAN RECOVERY

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Millions had good jobs and were able to keep more of the money for which they worked so hard. Families could reliably plan a budget and pay their bills. The seemingly insatiable Federal government was on a ‘much-needed diet. And businesses and individual entrepreneurs were no longer hassled by their government, or paralyzed by burdensome and unnecessary regulations every time they wanted to expand.

UNEMPLOYMENT FELL FROM 7.6% TO 5.5%

Given actual rates of inflation, through 1987, the Reagan tax cuts saved the median-income two-earner American family of four close to $9,000 in taxes from what it would have owed in 1980.

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The Reagan administration slashed the priime interest rate by more than half, from an unprecedented 21.5% in January 1981 to 10% in August 1988. This achievement stemmed from the administration’s shift in monetary policy aimed at controlling inflation and stimulating economic growth.

As President Reagan observed with a wry smile, “I could tell our economic program was working when they stopped calling it Reaganomics.” But what really pleased him most about the Reagan Recovery was not the vindication or all the impressive statistics. To him, the success of Reaganomics was what it brought to the American people.