Monthly Archives: August 2010
Reagan insider Paul Farrell: GOP destroyed economy
The Reagan Era is often heralded as the beginning of a growth period which lifted the United States to new prosperity. But was it really? Is growth fueled by leverage a healthy sustainable growth? A Reagan insider tells us his side of things.”How my G.O.P. destroyed the U.S. economy.” Yes, that is exactly what David Stockman, President Ronald Reagan’s director of the Office of Management and Budget, wrote in a recent New York Times op-ed piece, “Four Deformations of the Apocalypse” Continue reading