The Enduring Delusion...
Rational Nation U S A Purveyor of Truth Ronald Reagan presided over both a recession and great job growth, and, he told us government was not the solution, that it was the problem. He lifted American's spirits and made us feel good about our nation again after the Iran hostage crises and Jimmy Carter. He said that economic growth created by lower taxes and less regulation would create the rising tide that would lift all boats, and so he oversaw a reduction in top tax rates from 70% to 28%. He raised taxes too during his tenure in the White House, 5 times, yet the federal debt tripled from 994 billion to 2.9 trillion . He talked about reducing the size of government and getting it off the backs of the American people, yet he actually only reduced the growth of government. And, he increased defense spending to levels not seen since WW II. Since 1980 and the Reagan "conservative" Revolution the GOP has been preaching the same gospel to achieve growth and prosperity, l...