Monday, August 15, 2011

The Reagan Stimulus vs. the Obama One

Paul Kengor, USA Today
Reagan's initiative was the antithesis of President Obama's $800 billion "stimulus" that didn't stimulate. The 2009 version was the single greatest contributor to our record $1.5 trillion deficit. It was, plain and simple, what Reagan didn't do. When Reagan signed the Economic Recovery Act at his ranch near Santa Barbara, it was the largest tax cut in American history. He also revealed leadership that Democrats and Republicans alike agree we are not seeing currently from the White House. Even TheWashington Post called Reagan's action "one of...

Source: http://www.realclearpolitics.com/2011/08/15/the_reagan_stimulus_vs_the_obama_one_261575.html

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