Uncommon Sense

politics and society are, unfortunately, much the same thing

Again Ronald Reagan’s trickle down policies shown to be right

Democrat Strategist Defends Obamanomics With…Reaganomics?
July 12, 2009 by Noel Sheppard

Democrat strategist Bob Shrum on Sunday not only praised Reaganomics, but used it as an example as why Americans should be patient in allowing President Obama’s stimulus plan to take effect.

Look, this–Reagan went through this. Reagan went through this in 1981 and, in fact, his approval rating, by the way, at this time was exactly the same as Obama’s is today. And…And Republicans, Republicans stayed with him. They stayed despite the difficulties in the mid-term elections. They got to 1983, the recovery came; so did morning in America and so did the confirmation of the Reagan era. The real challenge here is for Democrats. Are they going to stick with the president? Are they going to get wobbly? Are they going to get afraid?

Wow. So, in one paragraph, the man who worked for the presidential campaigns of Michael Dukakis, Al Gore, and John Kerry not only agreed that Reagan’s economic policies resulted in a recovery, but used it as an example of why folks should be patient in letting Obama’s policies work.

politics, news, economics, economy, recession, crisis, history

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Filed under: crisis, economics, economy, history, news, politics, recession

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