Tuesday, February 8, 2011

A Reagan Memory People Like to Forget

There's been plenty of happy-talk remembering of Ronald Reagan this month, the 100th anniversary of his birth.

But people seem to be suffering from selective memories, especially when it comes to the tax cuts, which were supposed to have ignited the economy without ballooning the deficit.

But after Reagan's tax cuts passed, Michigan's unemployment rate didn't go down -- it hit 17.5 percent. Some boom.

Haven't seen that in any of the celebratory coverage.

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