Reagan

Bruce Bartlett, domestic policy advisor to President Reagan and Treasury official under Bush I keeps a blog. Recently, he posted a table showing how Reagan got the economy stimulated in the early eighties.

For any Republican running for office today under the auspices of deficit reduction WITHOUT raising taxes, it makes for an interesting chart. For anyone wondering what we should do today, it makes for an interesting read. The main point? Here he writes it best himself:

It may come as a surprise to some people that once upon a time in the not-too-distant past Republicans actually cared enough about budget deficits that they thought raising taxes was necessary to bring them down.