Krugman on the real Reagan record

[NewJeffCT]

As always, Krugman nails it...

In the movie "The Man Who Shot Liberty Valance," a reporter defends prettifying history: "This is the West, sir. When the legend becomes fact, print the legend." That principle has informed many of this week's Reagan retrospectives. But let's not be bullied into accepting the right-wing legend about Reaganomics.

Here's a sample version of the legend: according to a recent article in The Washington Times, Ronald Reagan "crushed inflation along with left-wing Keynesian economics and launched the longest economic expansion in U.S. history." Actually, the 1982-90 economic expansion ranks third, after 1991-2001 and 1961-69 — but even that comparison overstates the degree of real economic success.

http://www.nytimes.com/2004/06/11/opinion/11KRUG.html?th

[molly]

1. Krugman is great!

:kick:

[Bettie]

2. I am just so tired of the whole thing...

The fact is that the man was a hero to some a villain to others.

I just want to move on to something....anything else.

Wonder what this circus is hiding from us....news coverage of nothing but Reagan must be covering up whatever Bushco are up to this week.

[flakey_foont]

4. This Just In

Kobe Bryant - no verdict yet!
Michael Jackson - no verdict yet!
Scott Peterson - no verdict yet!

Martha Stewart -- hell, just have her trial over...Martha II (This Time....It's Personal!)

Alien born in the shape of a potato!!!With image of Martha Stewart on it!!!

notice no mention of.....

[chelsea0011]

3. An interesting story this week about Reagan was

after he was shot, he phones Reps to sign his tax break by saying to "do it for the Gipper". He actually did think he was George Gipp. Imagine if Pacino thinks he is actually Montoya. The public would all think he was crazy.

[redqueen]

5. This deserves a kick

:kick: