Economic Stimulus 101: Reaganomics vs. Obamanomics
President Obama says the economy is the worst since the Great Depression. Actually, it is the worst since the Reagan recession of 1982-83. Further, the 2009 market crash is not the worst since 1929 but since 1987—also on Ronald Reagan’s watch. What did Reagan do—or, more importantly, didn’t do—in response to these “crises?” How was... Continue Reading