I had not followed politics much, but I was very much impressed by Rick Monsor's comments and began to read more and more about the policies of Ronald Reagan. And over time I came to realize, like millions of other Americans, that his economic policies had been reducing taxes on Americans, actually had precipitated a great economic recovery. It had resulted in a doubling of revenue into the Federal Treasury, a dramatic reduction in unemployment. It was essentially the right economic policy. And it is an economic policy that we still follow to this day. Of course, Ronald Reagan is most well known for ending the Cold War, precipitating the break up of the Soviet Union, and allowing millions of people in Eastern Europe to taste freedom, freedom of speech, freedom of religion, freedom of assembly for the first time in their lives.
David Weldon: “I had not followed politics much, but I was very much impressed by Rick Monsor's comments and began to read more and…”
Editor's note · Context
Reflecting on the impact of Ronald Reagan's economic policies and his role in ending the Cold War.
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