DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post

**vulikox** · 02-25-2012, 11:57 PM

"...The Republican party is gradually becoming the King Dollar party. After watching the greenback collapse almost 40 percent during the Bush years, Republican leaders are moving back to a Reaganesque dollar approach whereby a great nation with the world’s leading economy should have a strong and reliable currency.

The dollar soared and gold plunged during Ronald Reagan’s first term, just as it did during Bill Clinton’s second term. In both these eras, stocks rallied mightily and the economy grew rapidly. Supply-siders note that a good-as-gold dollar and low marginal tax rates were the ultimate prosperity tonics during these two periods."

http://www.nationalreview.com/articl...p-larry-kudlow

02-25-2012, 11:57 PM	#1
vulikox Join Date Oct 2005 Posts 638 Senior Member	A King Dollar GOP? "...The Republican party is gradually becoming the King Dollar party. After watching the greenback collapse almost 40 percent during the Bush years, Republican leaders are moving back to a Reaganesque dollar approach whereby a great nation with the world’s leading economy should have a strong and reliable currency. The dollar soared and gold plunged during Ronald Reagan’s first term, just as it did during Bill Clinton’s second term. In both these eras, stocks rallied mightily and the economy grew rapidly. Supply-siders note that a good-as-gold dollar and low marginal tax rates were the ultimate prosperity tonics during these two periods." http://www.nationalreview.com/articl...p-larry-kudlow
	Quote