is reagan stupid
It’s the Reagan Economy, Stupid. This essay first appeared in the February 1, 2000 Washington Times. This week America crosses one of the great economic milestones in our nation’s history. We will officially break the record for the longest business cycle expansion in U.S. history. The previous record was 106 months in the 1960s.
A surprising 2001 Pew study found that just 19% of Americans understand that the United States ever ran a surplus at all, however defined, in the 1990s or 2000's. And only 50% of Americans, according to an Annenberg study in 2004, understand that President Bush favors privatizing Social Security.