Saturday, November 07, 2015


The Reagan Myth.
"While he’s widely heralded for having slashed taxes, as Alan Simpson, a former Republican senator from Wyoming and friend of Reagan, confirmed, Reagan went on to raise taxes eleven times during his two terms.Moreover, in 1983, he raised payroll taxes to pay for Social Security and Medicare, i.e. “government-run healthcare.”
Reagan eliminated not a single government program, much less an agency. Instead, he strengthened those agencies—like the Departments of Energy and Education—that he originally pledged to abolish, and he even strengthened the profoundly intrusive Occupational Safety and Health Administration. Reagan created the Secretary of Veterans Affairs. As Murray Rothbard writes, “The Gipper deregulated nothing, abolished nothing.”
He concludes: “Overall, the quantity and degree of government regulation of the economy was greatly increased and intensified during the Reagan years.”"

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