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To: Alas Babylon!
Who coined the term “Voodoo economics” about Reagan’s budget ideas and then what happened to that who at the 1980 GOP convention?


"Anyone?"

36 posted on 04/05/2023 11:00:23 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: dfwgator

Like daddy Bush I considered it voodoo economics myself. Sure running a deficit juices the economy in the short term but eventually you have to pay the piper. After Reagan ran up the deficit the Republican party moved away from being deficit hawks and look where we are today with a $31 trillion unpayable debt. People like to credit Reagan’s arms build up with collapsing the Soviet Union but they were already collapsing economically at that point and such expenditures were unnecessary at that time.


41 posted on 04/05/2023 11:24:59 AM PDT by jimwatx
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