[Jim W N]

In a nutshell...

Freedom vs. Socialist Tyranny.

Free Market Economics vs. Command and Control Economics

[Zeneta]

“Fight of the Century”: Keynes vs. Hayek Rap Battle Round Two

https://www.youtube.com/watch?v=GTQnarzmTOc

[econjack]

I was teaching university-level econ courses during the Carter/Reagan years. Few people remember the 21% prime rate during Jimmy's reign, or the rampant inflation during the Nixon-Carter years. Milton Friedman was a behind-the-scenes adviser for Reagan. If you get a chance, read his book Free To Choose, or watch the TV program by the same name...excellent.

[HarleyLady27]

http://killian.com/earl/presidents.html#Contents

Barack H. Obama

George W. Bush

William Jefferson Clinton

George Herbert Walker Bush

Ronald Wilson Reagan

James Earl Carter, Jr.

Gerald R. Ford

Richard M. Nixon

Lyndon B. Johnson

John F. Kennedy

Dwight D. Eisenhower

Harry S. Truman

Franklin Delano Roosevelt

Herbert Hoover

Calvin Coolidge

Warren Harding

Woodrow Wilson

William H. Taft

Theodore Roosevelt

William McKinley

Benjamin Harrison

John Adams

[mjp]

Reagan's economic plan was:

lower taxes
fewer regulations
controlling of the increase in the money supply
increased government spending on defense
controlling welfare spending
decreased price controls (on oil)
lower interest rates (but still high enough to attract foreign investment and lending)

This plan started to work after only 7 months, and led to strong economic growth, which allowed development of a potent military force,which led to a strong negotiating position in our confrontation with the Soviet Union, which led to Reagan winning the cold war.

Obummer's plan has led to stagnation, and economic decline and decay.