Toro
Diamond Member
Reagan did some good things. He flattened the tax code. He deregulated parts of the economy. He expanded free trade.
However, tax cuts without spending cuts is merely Keynesianism in drag. Taxes were cut during Reagan's tenure but spending rose and thusly Reagan presided over the biggest deficits during peacetime in the history of the nation until that time.
However, tax cuts without spending cuts is merely Keynesianism in drag. Taxes were cut during Reagan's tenure but spending rose and thusly Reagan presided over the biggest deficits during peacetime in the history of the nation until that time.
Last edited: