Amen Griff.
To hear today's GOP, Reagan was the master of an astute economic theory.
Wiki:
Quote:
The four pillars of Reagan's economic policy were to reduce
the growth of government spending, reduce the federal income tax
and capital gains tax, reduce government regulation, and control
the money supply in order to reduce inflation
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But... after a long association with GE, Reagan was the darling of the defense industry.
We are still living with his "star wars" (Strategic Defense Initiative), and to some extent
his 600-ship Navy, with their resulting and ever-increasing (supply-side) deficits -> debt.