It¡¯s important to get history right ¡ª and economist and New York Times columnist Paul Krugman has gotten it maddeningly wrong.
Krugman recently wrote a column arguing that the decline of double-digit inflation in the 1980s was the decade¡¯s big economic event, not the cuts in tax rates usually touted by conservatives.
Actually I agree with Krugman on this. But then he asserted that President Ronald Reagan had almost nothing to do with it. That¡¯s historically incorrect. Reagan was crucial.
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