Reblogging for the information.
My basic conclusion was that economic policy moved in the right direction under Reagan and Clinton and moved in the wrong direction under Obama, Bush, and Nixon. Though I always included the caveat that I was agnostic about whether the various presidents deserved credit/blame for the changes that happened during their tenure.
Now let’s go back in time and look at the unambiguously awful economic record of Herbert Hoover. I’ve written about Hoover’s statism on several occasions and thought there was no need for an overall assessment since there was near-unanimous agreement that he was a failure (even if some people don’t understand why).
But near-unanimous is not the same as unanimous. And I was horrified to read that David Frum actually…
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