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:: Sunday, June 13, 2004 ::
Debunking the Debunkers: The Left's Mythological Reagan
Reagan's "decade of greed" is examined in this essay by Richard McKenzie for the Orange County Register (reg-req). Mr. McKenzie dispatches the anti-Reagan myths thus:
Myth 1: The 1980s, or the Reagan years, were a decade of broad-based economic retreat for the country.
Myth 2: The country deindustrialized during the Reagan years.
Myth 3: The country lost its competitive prowess as revealed in the loss of manufacturing jobs.
Myth 4: The country's production may not have been declining in absolute terms, but it was surely declining relative to the rest of the industrialized world.
Myth 5: The Reagan years were a decade of uncontrolled debt, both in the public and private sector.
Myth 6: The Reagan years were a decade of greed.
The Clinton decade was the 'greedy' decade if you ask me. Global Crossing, Enron, Tycho, Martha Stewart, cattle futures, fat girls wearing berets...need I go on? The rest of the story is here [>]
:: Max 11:06 PM [+] ::
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