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  1. We apologize for becoming a second-rate socialist country since you’ve been gone.

    Comment by V the K — February 6, 2013 @ 1:09 pm - February 6, 2013

  2. Amen.

    Comment by Mark — February 6, 2013 @ 2:32 pm - February 6, 2013

  3. My dad was a big Reagan supporter. He said to me once “Alan, I don’t care who you love, just stay away from those commies.”

    We need another Reagan.

    Comment by Alan — February 6, 2013 @ 3:18 pm - February 6, 2013

  4. Reaganomics:

    Proof positive of the value of Keynesian economics. Lower regulations, lower taxes coupled with huge deficit spending grows an economy out of a recession.

    Unfortunately, the trap that Hayek saw was sprung. Deficit spending to get out of an emergency situation becomes permanent spending.

    Comment by mike — February 6, 2013 @ 10:35 pm - February 6, 2013

  5. mike, the deficit wasn’t what grew the economy out of the recession. The deficit was only along for the ride. So Keynesianism, my ass.

    But for what I came to say: It’s amazing how topical Reagan’s remarks are, 50 years later. Around the 14 minute mark, he’s talking about Social Security: how it is in trouble, how liberals demagogue against anyone who wants to put it on sound accounting, how it was sold to Americans as one thing (an “insurance” program) but defended in court as another thing, etc. All of which still applies today, AND to Obamacare as well.

    Comment by Jeff (ILoveCapitalism) — February 7, 2013 @ 4:49 pm - February 7, 2013

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