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<a href="http://www.accessmylibrary.com/article-1G1-156055404/reaganomics-going-two-wins.html" title="Facts and information about Reaganomics: how's it going? Two wins, a draw, and two losses.">Reaganomics: how's it going? Two wins, a draw, and two losses.</a>
Reaganomics: how's it going? Two wins, a draw, and two losses.
National Review
|
September 11, 2006 |
DeMuth, Christopher |
COPYRIGHT 2006 National Review, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
WHEN Ronald Reagan came to Washington, he brought with him a conservative school of economics. This school emphasized, much more thoroughly and systematically than those associated with previous presidents of either party, the advantages of private markets, the disadvantages of government spending and regulation, and the role of private economic incentives in advancing or undermining government policies. As we pass the 25th anniversary of the August 1981 tax cuts, it is appropriate to assess Reagan's economic record. My scorecard shows two wins, one draw, and two losses.
The first win was monetary policy. In the late 1970s, liberal economists such as James Tobin ...
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Source: HighBeam Research, Reaganomics: how's it going? Two wins, a draw, and two losses.