Ronald Reagan: When is the last time in our country we created millions of jobs? It was under Ronald Reagan Did he say, Oh lets just cut taxes for low-income people? No, he said forthrightly, Lets cut everyones taxes The top rate was 70% he lowered it to 28% and 20 million jobs were created and At the inaugural Freedom Summit in New Hampshire over the weekend, Sen. Ted Cruz R-Texas said President Obamas economic policies mirror the failed policies of the 1970s: Out-of-control spending, taxes, and regulation produced the exact same misery and stagnation. The remarks were well received, though none of Cruzs claim is true . B ut as Bill Scher noted , Sen. Rand Pauls R-Ky. attempts at the same event to combine recent history with economic analysis were arguably worse.
(news.financializer.com). As
reported in the news.
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