Ronald Reagan, as well as John F. Kennedy, took a different economic approach, a plan the Left derisively calls “trickle down” economics. The result for President Reagan was years of steady economic growth, not just one quarter; the creation of twenty million high-paying jobs; an increase in manufacturing output; and a rise in median income by $4,000. Indeed, GDP under Reagan grew from $2.8 trillion in 1981 to nearly $5.5 trillion in 1989, an almost doubling of the nation’s wealth. Under Reagan, America grew stronger and more vibrant; under Obama we are in steady decline with no end in sight. mississippiconservativedaily/2015/01/08/the-failure-of-obamanomics/
Posted on: Fri, 09 Jan 2015 00:11:07 +0000
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