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Thursday, December 28, 2006
Kudlow on Ford
3 comments:
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Anonymous said...
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No kidding, Thank GOD for that man. We'd be a third world country by now if he hadn't held the reins when we needed it most.
And my kids loved him in "Santa Fe Trail" as George Custer.
"Yes, Sam, because I was a Democrat for many years" Lol, what a comic genius too!
Oh, that we could have another leader even half as good as Ronnie, we would be fine. Alas, I don't see it happening. wmprof -
12/28/06, 10:30 AM
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Anonymous said...
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I heard Larry on the radio yesterday "In economic policy, Mr. Ford was a traditional Republican budget balancer who had no pro-growth policies. Arthur Laffer tried to persuade Ford of the merits of supply side economics to reduce marginal tax rates and grow the American economy--but Ford, acting on advice of top economic advisor Alan Greenspan, rejected this... it took Ronald Reagan to reverse all this by adopting the incentive-minded growth model which slashed tax rates and reignited the U.S. economy in the 1980's - an economy whose fire still burns brightly a quarter of a century later.
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12/28/06, 10:33 AM
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Anonymous said...
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Ford had greatness thrust upon him, and was found wanting. Carter was Ford-lite. Reagan brought Voelker in with instructions to tighten the money supply, that LBJ had inflated away to pay for guns and butter, which by the mid-70's couldn't pay for margarine. Within two years the economy rebounded, and started to climb. Success has a thousand fathers, but RR is the father of US economic growth from that day to this one. It's amazing what can be done with a little courage, and clarity of thought, even by a washed-up B movie actor. Truly all other presidents of the 20th century pale in comparison to Ronaldus Magnus.
Casca -
12/28/06, 11:19 AM
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