Friday, July 30, 2004

"Reagan"omics?

I wonder whether media opinion would have been any different had Reagan been a different person. I mean, would "Reaganomics" have been and continue to be a dirty word if, say, the advocate for supply side tax cuts had been a Democrat? Perhaps a young, attractive president with a pretty wife?

"It is a paradoxical truth that tax rates are too high today, and tax revenues are too low, and the soundest way to raise the revenues in the long run is to cut the tax rates."

You must be able to guess who said that by now. If you can't, well, it was JFK himself. His continuing status as an idol among the Left simply baffles me. The man was essentially Reagan on tax cuts, and yet he got (and gets) a free pass while Reagan is still excoriated for what he did (only lifting the economy out of disaster, reducing unemployment and inflation; you know, fixing Jimmy Carter's blunders). He first sent troops into Vietnam, and he sent that blockade to Cuba to prevent the Soviets' sending missles there.

I think I'm a Kennedy fan.

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