Ronald Reagan recorded this visionary statement in 1961, five years before his election as California governor. What a reptile. I mentioned this last month but last fall’s economic collapse has, I think, in the eyes of history, sealed Reagan’s reputation as the godfather of the greedhead funny-money economy that kicked off in the early ’80s. N.Y. Times columnist Paul Krugman explained it all on 5.31, in a piece called “Reagan Did It.”

August 19, 2009by Jeffrey Wells50 Comments