“The government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” -- Ronald Reagan
Indeed, a POLITICO review of Reagan’s own budget documents shows that the Republican president repeatedly signed deficit-reduction legislation in the 1980’s that melded annual tax increases with spending cuts just as President Barack Obama is now asking Congress to consider.from Politico, July 1, 2011
Indeed he did. Which was why he jumped ship to the Republicans.
ReplyDeleteIndeed, a POLITICO review of Reagan’s own budget documents shows that the Republican president repeatedly signed deficit-reduction legislation in the 1980’s that melded annual tax increases with spending cuts just as President Barack Obama is now asking Congress to consider. from Politico, July 1, 2011
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