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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.


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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