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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forumsnationalreview.com: What Scott Walker Actually Said (including when Reagan fired PATCO)
http://www.nationalreview.com/article/414183/what-scott-walker-actually-said-larry-kudlow
by LARRY KUDLOW February 20, 2015 6:00 PM There was more to that dinner than Rudy Giuliani.
Yes, believe it or not, Wisconsin governor Scott Walker actually spoke at some length at the dinner this past week where Rudy Giuliani charged that President Obama doesnt love America. All the hullabaloo went to Giuliani, but in terms of the Republican presidential race, a number of Scott Walkers pointed comments about policy and politicians are not to be missed.
First a word about the dinner itself, which was generously backed by John Catsimatidis. It was the second event sponsored by the Committee to Unleash American Prosperity, a new group founded by Arthur Laffer, Steve Moore, Steve Forbes, and myself. Just as the Committee on the Present Danger formed by Midge Decter, Norman Podhoretz, and Irving Kristol worried about the decline in American foreign policy in the late 1970s, we are worried about the decline in American economic growth over the past 15 years.
Our view is simple: To maximize growth, jobs, opportunity, and upward mobility, the U.S. must recapture the first principles of economic growth that were so successful in the 1960s, 80s, and 90s. Namely, pro-growth policies should seek a low-rate, broad-based flat tax, limited government spending, the lightest possible economic regulations, sound money, and free trade.
Since 2000, the U.S. economy has barely reached 2 percent growth per year. Over the prior 100 years, American growth averaged 3.4 percent annually. To get back to the long-run trend which epitomizes the most powerful engine of free-market capitalist prosperity in the history of history future growth over the next decade will have to average 4 percent annually.
FULL story and when Reagan fired PATCO air-traffic controllers at link.
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nationalreview.com: What Scott Walker Actually Said (including when Reagan fired PATCO) (Original Post)
Omaha Steve
Feb 2015
OP
The prior 100 years was to a major extent a period of unionization and regulation.
denverbill
Feb 2015
#2
shraby
(21,946 posts)1. This is a lie by obfuscation:
Since 2000, the U.S. economy has barely reached 2 percent growth per year. Over the prior 100 years, American growth averaged 3.4 percent annually.
The above includes the crash of the economy due to the banking housing manipulation and the slow recovery afterward.
It shouldn't be used as a benchmark for anything but the 1929 crash, the couple of years leading up to it and the (at least) 10 years after and even then, the economy was touch and go.
denverbill
(11,489 posts)2. The prior 100 years was to a major extent a period of unionization and regulation.
Not to mention higher taxes and elimination of protective tariffs.
Deregulation, union-busting, and lower taxes began in the 80's and have given us the growth we are now 'enjoying'. Get used to it. It will only get worse as more jobs get outsourced.