... "Mark Levin states that supply side economics predates Gingrich and was not
invented by Gingrich".....
Hot Air had the story on Jan 4th.
.
.. But Gingrich recently told Sean Hannity, “I helped Ronald Reagan and Jack Kemp develop supply-side economics …”
In Ronald Reagan’s autobiography, “An American Life,” he writes extensively about supply-side economics. He cites Jack Kemp several times. He never mentions Newt Gingrich.
(However, in Reagan’s massive 784-page diary, Newt’s name does come up — once. On Jan. 3, 1983, Reagan wrote that he met with “a group of young Repub Congressmen,” and says that one of them, “Newt Gingrich,” proposed freezing federal spending at 1983 levels, which Reagan rejected out of hand because it would “cripple our defense program.”)
http://hotair.com/archives/2012/01/04/on-to-new-hampshire/
http://www.humanevents.com/article.php?id=48291
Arthur Laffer did work with Reagan to develop the policy of Supply Side Economics and oddly supports Gingrich...maybe he should listen to what Liar Newt actually says.....
No where does Laffer mention that Newt was anywhere near the plan, that any of us can find.
Point of order: Mark Levin didn't work in the White House, his most important job during the Reagan years was AG Meese's Chief of Staff, which means he worked either out of the Kennedy or Hoover building. The reason I'm so ornery about this is that Levin is hardly my favorite person these days. He seems to give himself permission to define who and what is and is not "conservative" because he "worked in the White House."
ReplyDeletePoint taken. Thanks. Levin isn't my favorite these days either, at least he pointed out Newt's deceit...not that the blind will notice.
ReplyDeleteLaffer lost it years ago, and Gingrich has more baggage than Louis Vitton.
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