TheWiseOldFart

To understand our nation’s up and down economy, we must look at the fiscal policies of every president since 1981. It was 43 years ago when Ronald Reagan became our country’s 40 th president. He revealed his fiscal policy which he called “supply side economics.” This misleading term led to a more accurate description known as “trickle-down economics.” Reagan originated the Republican Party’s current policy of focusing on the success of the super-rich. He claimed that if their huge corporations were profitable, in turn they would create jobs and the foundation of a capitalistic society, consumerism, would grow exponentially. Of course his policy failed miserably. Billionaires care about no one and nothing else other than increasing their already ludicrous personal wealth. When Reagan left office in 1989, unemployment was at 10 percent and rising, and the national debt reached an unfathomable one-trillion dollars. His successor, Republican George H.W. Bush continued Reagan’s policy of g...

Op-ed by TheWiseOldFart The Truth Lives Here The facts are undeniable, and the truth is irrefutable. In 1981, Ronald Reagan adopted a fiscal policy he called “supply side economics,” but is known as “trickle down economics” by most Americans. It was a major failure. The quality of life for working Americans stagnated or declined. Unemployment rose. The national debt rose to one-trillion dollars by the end of Reagan’s second term in 1989. His Republican successors, George H.W. Bush, George W. Bush, and Donald Trump used the same policies, the worst being Trump who added an estimated eight trillion dollars to the national debt in just four years. In each situation, our nation’s economy was saved by a Democrat: Bill Clinton in 1992, Barack Obama in 2008, and Joe Biden in 2000. This is reality, not a fallacious television ad. Op-ed by James Turnage  

Op-ed by TheWiseOldFart Check the facts: the economy is the best it has been since Clinton. Biden and Harris have rpaired all the damage caused by Trump between 2017 and 2021. Trump Remains a liar: nothing has changed. Op-ed by James Turnage

Op-ed by TheWiseOldFart Trump is bragging about his “economy.” The truth is, it was a disaster. The “highlights” were 2.7 million people unemployed, and a failure to lead our country through the Covid-19 Pandemic nearly placed our nation in another Great Depression. Another failure for DJT. Republicans proved themselves incapable of creating a great economy since Reagan in 1981. The primary reason: they all chose the failed policy of “trickle-down economics.” The super-rich have never been “job creators,” and never will be. BIDEN’S ECONOMY IS THE BEST SINCE THE CLINTON ADMINISTRATION The truth: the economic policies of President Biden saved our economy, which is now the best since the Clinton administration. You won’t hear or read this fact from a member of the mainstream media. They have supported Trump for nine years. They continue to cover him more frequently than any other candidate. The truth is of no importance to them: the “Fourth Estate” no longer exists. A FEW FACTS Trump fail...

  Op-ed by TheWiseOldFart In a display of both desperation and advancing stages of mental decline, Trump went off script during his hate rally in Pennsylvania last evening. Saturday evening was intended to be a “campaign reset” after the President ended his campaign, and Vice-President Kamala Harris became the new leader of the Democratic Party. However, once again, displaying a low level of intelligence, Trump ignored his teleprompter and began attacking Harris with baseless and humorless adjectives and adverbs. During his disheveled speech, Trump called his opponent both a communist and a fascist, while claiming she has “the laugh of a crazy person”. Pitiful. Once again, Trump proved that he has no understanding of politics or the basic structure of Governments. He was clearly unaware that “communism” and “fascism” are virtual antonyms, although I’m positive he doesn’t know what an “antonym” is. Communism: “a political theory derived from Karl Marx, advocating class war...

Op-ed by TheWiseOldFart I am disgusted with progressives who are panicking. The President is not going to withdraw, so shut the f**k up and stand up to the traitors on the right side of the aisle. Those of you who want him to end his campaign are helping Trump. This reminds me of 2016 when a group of Bernie Sanders’ supporters who were angry about Hillary Clinton winning the nomination, refused to vote for Hillary, and most voted for Jill Stein. In essence, all they did was take votes away from the most qualified candidate in history, and give them to Trump. Very, very stupid. We must unite: Trump cannot be allowed to destroy what’s left of our country. I HAVE MANY REASONS WHY BIDEN IS THE ONLY CANDIDATE WORTHY OF OUR VOTES First and foremost, no American should vote for the man who is not loyal to America. Trump told us he will not be the president for anyone who does not support him. That number is greater than one-half of all of our nation’s people. Secondly, his loyalty is to Putin...

Op-ed by TheWiseOldFart Republicans are desperate to discredit him. The media has nothing but negative things to sa him. Last Thursday evening, CNN’s Jake Tapper and Dana Bash allowed Trump to control what they called a “debate,” while making him look even worse than he was. A number of Democrats are suggesting he end his campaign after one bad night. Who’s on Joe Biden’s side? I am, and you should be too. IF ALL DEMOCRATS WERE AS TOUGH AS JOE BIDEN, PROGRESSIVES WOULD NEVER LOSE AN ELECTION For more than 40 years most Democrats have been pussies. They allow right-wing extremists to attack them and their policies. Instead of going on the counter offensive, they make apologies or excuses for Republican’s attacks, true or false. The President is not afraid to call Trump what he is and criticize those who call themselves “Republicans” for their failures and their lies. Over his 35 years in the Senate, and eight years as President Obama’s Vice-President, he attempted to work with Republica...

Op-ed by TheWiseOldFart When I was a little boy, family gatherings were attended by all family members, young and old. I remember several things which impressed me, even at the age of six, seven, or eight. Three of my uncles had recently returned from World War II, and flag-waving was common. Therefore the subject of politics frequently entered into the conversation. I remember that all of my uncles, and my grandfather, had little trust in politicians. I also remember discussions about things which seemed very important to them. By the time I was a junior in high school, I developed an interest in our nation’s government, and therefore politics. I had followed the election of John F. Kennedy in 1960. I watched his speeches and read about what he was doing for our country, and compared everything to the problems facing our nation which were discussed in some of my classes. As a senior in 1963, I was devastated when the man I admired was murdered in Dallas, Texas on November 22 nd . By t...

Op-ed by TheWiseOldFart Let’s look at the facts. Between 2017 and 2021, Trump nearly created a second Great Depression. In just four years he added more than 3.5 trillion dollars to the national debt. Over his first three years President Biden’s economic policy energized our economy to a level not seen since Bill Clinton’s administration. Inflation, caused by greedy corporations, Trump’s friends and supporters, is in decline. And yet some Americans trust Trump. It’s not okay to choose ignorance over the truth. NO ONE HAS BEEN ABLE TO PRODUCE ONE FACT ABOUT ONE ACCOMPLISHMENT MADE BY TRUMP IN FOUR YEARS Trump bragged about the accomplishments President Obama put into place during his eight years. The facts prove that his only “accomplishment” between 2017 and 2021 was in the form of permanent tax cuts for the super-rich and the large corporations they own. His policy of “do nothing” other than golf, party at Mar-a-Lago, hold hate rallies, and watch television added trillions of dollars ...

Op-ed by TheWiseOldFart Donald Trump and his pretend Republican Party fear one thing more than anything else: the truth. I am saddened that I don’t have a million followers who cannot wait to read my blog daily. However, I will tell you once again about the most important issue in every election year, the economy. I’m going to take you back to 1981. Republicans would like you to believe that Ronald Reagan was a great president. This is far from the truth. In my estimation, he is listed in the category of the five worst presidents in history. The Corruption Which Exists in Washington Today Began in 1981 The truth about Reagan is revealed in his domestic policy. Reagan was the first Republican president to demand unquestioned loyalty from his party. Free thought and opposition to our 40 th president’s policies were forbidden. The entire right side of the Capitol Building was united against the left side, and occasionally each other.. It was Reagan who began the wars on the working class...

Op-ed by TheWiseOldFart If the former Fourth Estate was performing as intended, President Biden’s approval rating would be in the 60’s or higher. Our nation’s economy is better than it has been since 2001. The United States once again has the strongest economy in the world as it did prior to the George W. Bush administration. Three Democratic Presidents, Bill Clinton, Barack Obama, and Joe Biden, rescued our nation from the fiscal incompetence of Ronald Reagan, George H.W. Bush, George W. Bush, and Donald Trump. Over the last 43 years Republicans offered irrefutable facts that they are incapable of governing 330 million people. They continue to serve special interests while ignoring the needs and wishes of 95 percent of our nation’s people. The Best of the Best Clinton left office in 2001. For the first time in decades our nation’s treasury registered a surplus; completely out of debt. Obama left office in 2017. He repaired the damage caused by Bush 43’s failed fiscal policy of “trickl...

Op-ed by TheWiseOldFart   Reagan, Geoge H.W. Bush, George W. Bush, and Donald Trump all implemented the most failed economic policy in history. “Trickle Down Economics,” the policy which Reagan called “Supply Side Economics,” was created by your failed 40 th president, claiming that if the rich have more money, they will create good paying jobs for the American people. This was the biggest pile of bullshit in American history. The super-rich simply placed their additional profits in offshore accounts, or in the purchase of additional mansions or islands.    When Reagan left office in 1989, his failures left our nation in debt for more than a trillion dollars. Two Bush’s and a Trump continued this failed policy, and nearly placed our country in another Great Depression.    In 1993 Democrat Bill Clinton bailed out Reagan and George H.W. Bush. When he left office in 2001, the national debt had been erased, and our national treasury experienced a surp lus.  ...

Op-ed by TheWiseOldFart   When Bill Clinton left office in 2001, our nation no longer had a deficit. He eliminated the national debt and left his successor with a surplus for the first time in many years. However, George W. Bush placed our nation in two costly and unwinnable wars. His fiscal policy, originated by Ronald Reagan in 1981, known as “trickledown economics,” failed miserably. These factors led to the Great Recession and the destruction of the housing market. However, the super-rich continued to receive huge tax breaks. Their numbers grew under the failure of another right-wing president. Trump reduced taxes once again on corporations and the wealthy. When he failed to lead our nation in the fight against the Covid-19 coronavirus in 2020, another recession neared and our economy crashed once again. He left the economy in shambles for President Biden to repair. He, too, chose a policy of trickledown economics. The lesson I give you is simple and proven by historical fact. ...