Larry Kudlo: Celebration Ronald Reagan

We are here at the Reagan Library in Wadi Simi, California for the opening meeting of the National Economic Forum Reagan. But first, I think it is necessary to celebrate the memory and achievements of Ronald Reagan, who I think was the most dependent president in the second half of the twentieth century.

Indeed, it will descend as one of the greatest presidents in the history of the United States. Reagan In full Changing economic policy.

By the way, the full disclosure, I was a assistant budget manager during the first Reagan state, but I went on. He buried the “new deal” FDR, the large government, and the socialist belief that governs both Democrats and Republicans for nearly 50 years.

Reagan Cold tax rates from 70 % to 28 % He worked with the central banker Paul Volker to make the dollar good like gold, thus defeating inflation. Reagan once asked: “Why is inflation if people keep their own money and spend it the way they want, and it is not an inflation, if the government takes it and spends it the way it wants?” The economy flourished.

Almost 5 % growth rate with low inflation and the stock market increased 12 twice under escape. This wonderful economic recovery enabled Reagan to drop the curtain on Soviet communism. In meetings with Gorbachev, the Russians wanted Reagan to abandon the strategic defense initiative, or the stars war, but Reagan refused frankly and told the Russians that the American economy was producing resources not only for the strategic defense initiative, but also for a wide American military force.

The Russian Communist economy was collapsing in the tip of history. Of course, Reagan prevailed, Gorbachev’s folded, then the Soviet communism evaporated. I got the iron curtain. Reagan was a world leader in the Group of Seven meetings. Although the liberal press mocked him, other leaders followed his policies of decreased taxes and breakdowns to redesign their economies. Reagan’s appearance on the world stage and his policies in the United States was mainly launched a long time of prosperity and peace.

Now, there is always a lot that can be said about the greatness and patriotism. It was the perfect optimistic, and of course I think America is a bright city on a hill. He believed in the exceptional American, and had a tremendous belief in the wisdom of American voters and the American people instead of the government. Often, he stressed that the government is the problem, not the solution. He put it unforgettable, “The nine most terrifying words in the English language are: I am from the government, and I am here to help.”

The more people see it, the more they see the results of his policies, the more they love it. He scored two of the presidential elections victories for the landslides. Even today, his surveys are still operating in a 60 % area. But he warned of the end of his time how important it is to work hard to keep us free and strong, saying, “Freedom is a fragile thing, and it is nothing more than one generation from extinction.” This is very important to always remember.

So we are here at the Reagan Library during the next two days to celebrate life and business and the great legacy of Ronald Reagan.