Saturday, January 21, 2006
Pres. Reagan 25 years ago
25 years ago, I was on a business trip in Northern Mexico. At noon, I picked up Pres. Reagan's inauguration ceremony. It was a wonderful moment. Carter was out. Reagan was in. Weakness was gone. Leadership was in.
Later that day, the Iranians released the US hostages. It was one of those split screen moments. On one side, the new President at a ball. On the other side, US hostages boarding a plane.
Pres. Reagan is getting a lot of good press from historians. He looks better and better.
RICHARD REEVES is the author of "President Reagan: The Triumph of Imagination." He has written an op-ed piece about my favorite president.( http://www.latimes.com/news/opinion/commentary/la-oe-reeves20jan20,0,7754315.story?coll=la-news-comment-opinions)
"TWENTY-FIVE YEARS ago today, on Jan. 20, 1981, Ronald Reagan was sworn in as the 40th president of the United States. The former governor of California faced west, away from the front of the Capitol, and gave a most extraordinary inaugural address. He touched on four simple themes, the ones he had been repeating for years, first as spokesman for the General Electric Co., then as governor of California and as the post-Goldwater icon of the conservative wing of the Republican Party: reducing taxes and budget deficits and thus reducing the power and size of the government; rebuilding the American military; confronting communism around the world; and renewing American pride and patriotism."
The Wall Street Journal reviews Reaganomics:
"Perhaps the greatest tribute to the success of Reaganomics is that, over the course of the past 276 months, the U.S. economy has been in recession for only 15. That is to say, 94% of the time the U.S. economy has been creating jobs (43 million in all) and wealth ($30 trillion).
More wealth has been created in the U.S. in the last quarter-century than in the previous 200 years. The policy lessons of this supply-side prosperity need to be constantly relearned, lest we return to the errors that produced the 1970s. The heart and soul of Reagan's economic agenda were sound money (making the dollar "as good as gold," as Reagan used to put it) and lower tax rates."
Reagan was a simple man. He was blessed with two wonderful attributes:
1) common sense, and
2) a strong belief in the American people and free markets.
A few years ago, I bought an audio tape of Reagan speeches. It is great. He inspires me as much today as he did that day 25 years ago.
Posted by Silvio Canto, Jr. Post Link ---> 5:49 AM
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