A reality Check on the Stimulus Plan

Cash money.

While Obama’s first act was an $800 billion government-spending package, one of Reagan’s first decisions was a near $50 billion domestic-spending cut ($100 billion constant dollars today). Obama went for a nationalized health-care plan, energy cap-and-tax-and-trade, and pro-union card check. Reagan ended wage and price controls, deregulated all energy prices, terminated the Synthetic Fuels Corp., and fired the striking air-traffic controllers. Big differences.

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