Asymptosis: Always Approaching

Tag: reagan

  • Pro-Growth Republicans? Get Real

    Republicans like to claim that they’re the party of growth and prosperity. Even though all the facts say otherwise. I’ve pointed out repeatedly that when you compare a lot of developed countries over decades, you see that lower taxes and smaller government don’t result in faster growth. Tax cuts are an effective vote-buying political pander…

  • Who’s Fiscally Responsible?

    This is old news, but here are the latest figures. Federal Debt: 1940–2019: (Updated 1/31/2010) Yet another of those telling inflection points in 1980. (With a brief respite in the late nineties.) The red line–Gross Debt–is the scary (and actual) one; it includes loans from government trust funds (mainly Social Security) that will have to…

  • WSJ: Obama, like Reagan, “changes the trajectory”

    Barack Obama caught all sorts of grief from small-minded lefties when he said that Reagan “changed the trajectory” of America, and that Clinton didn’t. That was actually a serious understatement. When Clinton announced in his 1994 State of the Union that "the era of big government is over" (and then repeated it later in the…