Clinton is no Reagan

Former President Bill Clinton invaded Georgia today campaigning on behalf of his wife, Hillary. As I sat there and listened to the former President tell us how the current administration has screwed up the economy, I could not help but think how the prosperity of the last three decades are a direct result of the economic policies of Ronald Reagan. In fact, I had to chuckle as I listened to Clinton take credit for the prosperity of the 1990s and how his wife will restore our economic house by raising taxes, mandating a 90 day moratorium on mortgage foreclosures, and creating more entitlement programs we cannot afford. The fact of the matter is that Ronald Reagan's bold economic policies are the reasons why we have enjoyed unprecedented wealth in this country since 1981. It was Reagan who cut the marginal tax rates from near 70% in 1980 to the current rates of 28% and 15% putting more money in our pockets to spend or invest as we see fit. It was Reagan who deregulated the oil industry giving us access to cheap gas prices for over 30 years. It was Reagan who deregulated the airline industry to force competition making it less expensive for the consumer to choose and purchase tickets at affordable prices. It was under the Reagan and Bush administrations where 5% unemployment became synonomous with full employment. Ronald Reagan gave us economic liberty; Bill Clinton's legacy as president is that he benefitted from that liberty. No wonder Senator Barack Obama says that Ronald Reagan helped change the "trajectory of American politics" in a way that Richard Nixon or Bill Clinton did not. Let's face it, no matter how hard he tries, Bill Clinton is no Ronald Reagan.