“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
2 comments:
Indeed he did. Which was why he jumped ship to the Republicans.
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
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