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Friday, January 20, 2006

Reaganomics, 25 Years Later

On the 25th anniversary of the inauguration of Ronald Reagan, the WSJ observes how much his pro-freedom, supply-side revolution has benefited the American economy:

"...94% of the time the U.S. economy has been creating jobs (43 million in all) and wealth ($30 trillion). More wealth has been created in the U.S. in the last quarter-century than in the previous 200 years."


That's a track record that speaks for itself. (Or, to paraphrase Larry Kudlow, Keynesian-run France hasn't created that many jobs since Joan of Arc.)

Here is linke to the editorial.

3 Comments:

Blogger Pastor John said...

who sent you? the masons? the homosexuals???

take down this blog. it is no longer needed. i have one.

3:59 PM  
Anonymous Anonymous said...

Those who like depravity, dishonesty, trading drugs for guns, a trillion dollor debt, will love Reaganomics.

8:26 PM  
Blogger Stone said...

And judging by the fact that much of South America is now a breeding ground for hatred of Americans, I'd say his policy of overthrowing democratically elected governments has also come to full fruition. :)

10:28 AM  

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