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Herbert Hoover

What Does a Real Recovery Looks Like?

What does a real recovery look or should look like? Better than what we have seen over the past four years. Since 2009, we have technically been in a recovery, but as I have pointed out, this has hardly been a robust recovery. So what would a robust recovery look like? For one, simply looking at the early 80’s during the Reagan era would be a start.

In July of 1981, the economy fell into a recession just one year after a previous recession ended. To those who state that this present downturn was the worst economic downturn since the Great Depression often forget that Reagan inherited double digit inflation and the unemployment would eventually soar to nearly 11%, higher than

at Oct 22, 2012 1:40 PM
       

 Is Obama the Next Hoover or the Next Nixon?

Is Barack Obama evolving into Barack Nixon Obama or Barack Hoover Obama? The only thing that has kept the staggering economy in somewhat positive ground statistically is the Federal Reserve's easy money policy and Congress's refusal to add any new major programs or increasing tax rates since 2010, but beyond that, it is difficult to find any policy that Obama has pursued that would lead to any sustained growth.

at May 1, 2012 8:52 AM
       

Politically Incorrect Guide to the Presidency

For many years after he left office, Reagan’s Presidency was viewed as a failure, but since his foreign policy led to the end of the Cold War and his economic philosophy led to three decades of growth, it was hard for historians to continue deriding one of the most influential and successful Presidents in American History. When Reagan died in 2004, many of those historians and pundits who vilified him when he was alive, eulogized him as one of our great President and often asked, could Republicans use a man like Reagan again? (I suspect that many Republicans agree.)   Read more »

at Feb 18, 2012 12:55 PM
       

Republicans Must Capture Economic History to Show Keynesian Policy Does Not Work

Going into the 2010 elections, the GOP must adopt a pro-growth strategy that not only reduced long term debt but encourages long term job creation. There is agreement among many economists, left and right, as well as many of our allies that the stimulus program and increasing government spending is not working. We're laying the ground work for slower economic growth in the midst of increasing government debt. That is the best long term scenario.

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at Jul 8, 2010 9:50 AM
       
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