Siteadmin, Check users, nsTeam1RO, nsTeam1RW, nsTeam1_talkRO, nsTeam1_talkRW, oversight, Administrators
30,650
edits
Changes
Jump to navigation
Jump to search
mLine 5:
Line 5: + + + +
What Reaganomics Is All About
Rothbard wrote:
Rothbard wrote:
*Specifically, Reagan called for a massive cut in government spending, an even more drastic cut in taxation (particularly the income tax), a balanced budget by 1984 (that wild-spender, Jimmy Carter you see, had raised the budget deficit to $74 billion a year, and this had to be eliminated), and a return to the gold standard, where money is supplied by the market rather than by government. In addition to a call for free markets domestically, Reagan affirmed his deep commitment to freedom of international trade. [http://www.mises.org/story/1544]
*Specifically, Reagan called for a massive cut in government spending, an even more drastic cut in taxation (particularly the income tax), a balanced budget by 1984 (that wild-spender, Jimmy Carter you see, had raised the budget deficit to $74 billion a year, and this had to be eliminated), and a return to the gold standard, where money is supplied by the market rather than by government. In addition to a call for free markets domestically, Reagan affirmed his deep commitment to freedom of international trade. [http://www.mises.org/story/1544]
==External Links==
*
*[http://72.14.209.104/search?q=cache:ZQm_5SG3WwQJ:www.davidsmick.com/WSJ070881.pdf+%22Reaganomics%22+includes+the+idea+of+tax+cuts&hl=en&ct=clnk&cd=7&gl=us&client=firefox-a What Reaganomics Is All About]