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Tag Archives : Reagan

Obamanomics vs. Reaganomics

Obamanomics vs. Reaganomics

Posted on December 29, 2010

Previous posts on this blog have featured charts showing that Obama’s policies are not working (see here and here). I even showed a cartoon making the same point. And I cited a column with data comparing Reagan and Obama. The Heritage Foundation has a very powerful addition to this genre, a chart comparing job performance […]

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Obama’s Policy Failure, Part II

Obama’s Policy Failure, Part II

Posted on October 7, 2010

In a previous post, I commented on a Wall Street Journal column by former Senator Phil Gramm, calling attention to evidence that the economy is under-performing compared to what happened after previous recessions. This is an important issue, particularly when you compare the economy’s tepid performance today with the strong recovery following the implementation of […]

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Is Obama the Next Hoover or the Next FDR?

Is Obama the Next Hoover or the Next FDR?

Posted on September 11, 2010

Jonah Goldberg writes in National Review that President Obama is beginning to look like the next Herbert Hoover. This is rather ironic since the left wanted him to become the next Franklin Delano Roosevelt, ushering in a new era of politically-popular statism. …the Great Depression discredited laissez-faire economics for a generation or more. Hoover, who was […]

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Reaganomics, Obamanomics, and Carternomics

Reaganomics, Obamanomics, and Carternomics

Posted on August 22, 2010

National Review captures a key difference between Reagan and Obama, writing that Reagan was willing to incur short-run political pain to make America healthier and stronger.  Obama, by contrast, has pursued the free-lunch Keynesian approach. Only time will tell whether Obama becomes another Jimmy Carter, but he certainly isn’t doing himself any favors by continuously […]

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When Keynesians Attack, Part II

When Keynesians Attack, Part II

Posted on August 11, 2010

I’m still dealing with the statist echo chamber, having been hit with two additional attacks for the supposed sin of endorsing Reaganomics over Obamanomics (my responses to the other attacks can be found here and here). Some guy at the Atlantic Monthly named Steve Benen issued an critique focusing on the timing of the recession […]

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Reaganomics vs Obamanomics

Reaganomics vs Obamanomics

Posted on August 7, 2010

Appearing on MSNBC, I explain why Reagan’s approach helped America. But I also warn that Obama is making America more like France. For inexplicable reasons, some people have been giving me a hard time about my very snazzy jacket.

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When Keynesians Attack

When Keynesians Attack

Posted on August 5, 2010

If I was organized enough to send Christmas cards, I would take Richard Rahn off my list. I do one blog post to call attention to his Washington Times column and it seems like everybody in the world wants to jump down my throat. I already dismissed Paul Krugman’s rant and responded to Ezra Klein’s […]

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Responding to Paul Krugman and Ezra Klein

Responding to Paul Krugman and Ezra Klein

Posted on August 4, 2010

I seem to have touched a raw nerve with my post earlier today comparing Reagan and Obama on how well the economy performed coming out of recession. Both Ezra Klein and Paul Krugman have denounced my analysis (actually, they denounced me approving of Richard Rahn’s analysis, but that’s a trivial detail). Krugman responded by asserting that […]

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A Slam-Dunk Comparison

A Slam-Dunk Comparison

Posted on August 4, 2010

Both Ronald Reagan and Barack Obama entered office during periods of economic misery. But they adopted dramatically different solutions. Reagan reduced the burden of government and Obama increased the burden of government. So which approach worked best? In his Washington Times column, Richard Rahn compares the economy’s “recovery” performance under both Presidents. As you can […]

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I Don’t Think Merkel is the new Reagan, but I May Change My Mind if This is True

I Don’t Think Merkel is the new Reagan, but I May Change My Mind if This is True

Posted on July 6, 2010

I’ve been very dismissive of supposed European “austerity” initiatives, in part because the term seems to describe politicians who want tax-financed government spending rather than Keynesian-style deficit-financed government spending. But what really matters is reducing the burden of government spending, regardless of how those outlays are financed. But if this Financial Times report is true […]

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