Thursday, February 10, 2011


A while back I questioned a comment Jay St. John made about Ronald Reagan never raising taxes.  For some reason people forget what The Gipper really did.  His birthday was recently remembered, and right wingers like to look to him for inspiration but the fact remains that his memory is being distorted all the time.
Reagan increased payroll taxes in 1983. History records that, alarmed by spiraling deficits, he signed tax increases during six of his eight years in office. Even so, his administration tripled the national debt, to almost $3 trillion.

No comments:

Post a Comment