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Posted on 01/20/2006 3:07:26 AM PST by Elle Bee
Reaganomics, 25 years later.
Friday, January 20, 2006 12:01 a.m.
Twenty-five years ago today, Ronald Reagan was inaugurated as the 40th President of the United States promising less intrusive government, lower tax rates and victory over communism. On that same day, the American hostages in Iran were freed after 444 days of captivity. If the story of history is one long and arduous march toward freedom, this was a momentous day well worth commemorating.
(Excerpt) Read more at opinionjournal.com ...
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Supply-side economics has never been tried. Reagan had a RAT congress and resorted to Keynsianism.
Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effects Generation Reagan / Generation-X (Those born from 1965-1981) including all the spending previous generations (i.e. The Baby Boomers) are doing that Gen-X and Y will end up paying for.
Freep mail me to be added or dropped. See my home page for details and previous articles.
one of my favorites:
"How do you tell a Communist? Well, it's someone who reads Marx
and Lenin. And how do you tell an anti-Communist? It's someone
who understands Marx and Lenin."
Remarks in Arlington, Virginia, September 25, 1987
Bumpus for Ronaldus Magnus.
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