Economic Morality?

New beginnings are an opportunity in some ways to start fresh. Obviously the new administration inherits the same economy we have now, so where will the difference lie? How about a philosophy.

“An opportunity society begins with growth, and that means incentives. As I told the people of Iowa last week, my sympathies are with the taxpayers, not the tax-spenders. I consider stopping them from taking more of your earnings an economic responsibility and a moral obligation. I will not permit an antigrowth coalition to jeopardize this recovery. If they get their way, they’ll charge everything on your “Taxpayers Express Card.” And believe me, they never leave home without it.”

Ronald Reagan March 2, 1984

Somehow, I don’t expect to hear anything like this coming from Washington anytime soon. And sadly that probably means from most of the GOP as well.


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