What drives economic growth and prosperity is incentives for increased production, as Reaganomics proved.
Yet, much of the rest of the world, ironically, has learned the lessons of Reaganomics.
These policies of overregulation and cheap dollar monetary expansion were the opposite of Reaganomics.
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True enough, even today he is promising not to take America back to pro-growth Reaganomics.
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In February, 2009, I wrote for the Wall Street Journal an article entitled Reaganomics versus Obamanomics.
Monetary reform was prescribed, and undertaken, as at least as important to Reaganomics as cutting tax rates.
Whereas, the media heaped scorn on Reaganomics, it ignores the near comedic features of liberal witch-doctor economics.
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Writing about Reaganomics the past three weeks, I have been asked what I would propose we should do today.
For over 20 years now, major media institutions have been reporting growing inequality in America, blaming it on Reaganomics.
The results of the policies of Reaganomics were recently recounted by Henry R.
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This is exactly the period when the results of Reaganomics were coming in.
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Romney assured Massachusetts voters running for the Senate in 1994 that he did not want to go back Reaganomics.
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The combination of the two, he argues, could mirror the impact of Reaganomics on the dollar in the early 1980s.
That has been erroneously disparaged as the rich getting richer under Reaganomics, when it was just the same income in different forms.
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Yet honest money was fully half of the Mundell-Laffer Hypothesis, Reaganomics blueprint.
Supply side economics, Reaganomics, Voodoo economics -- all these descriptions and mis-descriptions testified to the perception of what was proposed as something outlandish.
From watching and participating in debates over the years regarding Reaganomics, patterns of logical fallacies and factual errors repeatedly arise among critics on the Left.
FORBES: Reaganomics Vs. Obamanomics: Fallacies Offered By The Left
This was after nearly 40 years of the policies of Reaganomics!
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Further fundamental errors in understanding the equality of Reaganomics arise from a failure to distinguish between more Americans getting richer, and only the rich getting richer.
By 2007, after a quarter century of tax rate cuts under Reaganomics, the top 1% paid 40.4% of all income taxes, close to twice their share of income.
FORBES: Reaganomics Vs. Obamanomics: Fallacies Offered By The Left
Studies and media reports consequently sounded the alarm that Reaganomics was causing massive increases in inequality and the incomes of the richest to soar compared to everyone else.
FORBES: The Equality Of Reaganomics, And Fallacious Leftist Dissent
The article explained that the emerging Obamanomics was pursuing exactly the opposite of every policy of the enormously successful Reaganomics, and predicted that it would produce exactly the opposite results.
While Americans were arguing about Reaganomics in the 1980s, Swedish households were enjoying a negative tax rate on capital income, once generous deductions and adjustments for inflation were taken into account.
Besides the economic logic of each of these components discussed above, the experience with Reaganomics proves the plan will work within a year or so of adoption to get the economy booming again.
Indeed, while the modern Bartlett has seemingly moved to the dark side, his 1981 book, Reaganomics, written before Ronald Reagan reached office, remains essential reading for anyone who wants to understand economic policy.
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After Reaganomics was adopted in 1981, the economy took off on a 25-year economic boom in late 1982, what Art Laffer and Steve Moore have rightly called the greatest period of wealth creation in the history of the planet.
Now let's put a question to Paul Krugman: If the Reagan Revolution was a "one-hit wonder, " why is it that so many other countries around the world are moving as fast as they can toward and not away from Reaganomics?
Although the adoption of Reaganomics and the end of the Cold War permitted huge gains in peace and prosperity in the 1980s and 1990s, the earlier abandonment of gold-based money has eroded those gains, in large part by allowing massive deficit-spending, debt monetization, and now the downgrade of U.S. debt.
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