McCain: I’ll Cut Deficits Like Reagan (Who Tripled Deficit)
Town Hall: asked how he plans to balance the budget, McCain praised Reaganomics…going on to say how he’ll cut the deficit, apparenlty using that same magical fairy dust that Ronny had.”
This jaded view of the Reagan administration is spooky in a time when executive power has already been expanded beyond belief. President Reagan implemented some great programs for stimulating the free market, however, he was not perfect. He tripled the deficit and pumped more money into frivolous government bureaucracies in the War on Drugs and Star Wars. It all seems to bring me back to the same picture I saw on Digg a few weeks ago:
