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Remembering Reagan on His 100th B'day!
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<blockquote data-quote="wkmac" data-source="post: 805608" data-attributes="member: 2189"><p>William A. Niskenen, member of Reagan's Council of Economic Advisors 81'-85' and now Chairman of the Cato Institute. From his article <a href="http://www.econlib.org/library/Enc1/Reaganomics.html" target="_blank"><span style="color: red">"Reaganomics"</span></a> in the Concise Encyclopedia of Economics that I quoted above, Niskenen by all accounts was also not completely negative on Reagan either in the piece and also rightly pointed out other factors to blame. What I also found most interesting was on the issue of de-regulation, an issue that democrats love to use as a whipping boy against Reagan but let's turn it on it's head. </p><p> </p><p>Quoting Niskenen in paragraph #7:</p><p> </p><p></p><p> </p><p>The 2 most powerful myths that both republicans and democrats have to hide, Niskenen exposes for all to see. That is republicans have held the mantle of de-regulation as a badge of honor and assigned to Ronnie when in truth de-regulation slowed under his watch and wasn't the biggee we are lead to believe it was. At the same time while democrats whipped that de-regulation pony into the ground, turns out their man Carter was the stable boy that fed and watered it into existence in the first place. When you consider Niskenen's position and perspective then and now, it proves most interesting to say the least!</p></blockquote><p></p>
[QUOTE="wkmac, post: 805608, member: 2189"] William A. Niskenen, member of Reagan's Council of Economic Advisors 81'-85' and now Chairman of the Cato Institute. From his article [URL="http://www.econlib.org/library/Enc1/Reaganomics.html"][COLOR=red]"Reaganomics"[/COLOR][/URL] in the Concise Encyclopedia of Economics that I quoted above, Niskenen by all accounts was also not completely negative on Reagan either in the piece and also rightly pointed out other factors to blame. What I also found most interesting was on the issue of de-regulation, an issue that democrats love to use as a whipping boy against Reagan but let's turn it on it's head. Quoting Niskenen in paragraph #7: The 2 most powerful myths that both republicans and democrats have to hide, Niskenen exposes for all to see. That is republicans have held the mantle of de-regulation as a badge of honor and assigned to Ronnie when in truth de-regulation slowed under his watch and wasn't the biggee we are lead to believe it was. At the same time while democrats whipped that de-regulation pony into the ground, turns out their man Carter was the stable boy that fed and watered it into existence in the first place. When you consider Niskenen's position and perspective then and now, it proves most interesting to say the least! [/QUOTE]
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