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Written by Lewis E. Lehrman
- The Washington Post |
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Sunday, February 20, 1983 |
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THOSE OF US who believe in the goals of the Reagan revolution had better face up to the consequences of the last two years. We called for boom and got something very close to bust. We called for a balanced budget and got record-shattering deficits. We called for a restoration of capital markets so business could borrow money for long periods at reasonable interest rates, and we got a devastating credit crunch.
Why? There are many possible explanations, but in my view the missing link is a policy we called for nearly Read more |