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On Thom's show today, he mentioned how he benefited from Jimmy Carter's deregulation of the travel industry and Ronald Reagan's capital gains tax cut. If it weren't for those policies, we may not be listening to him today.

Ronald Reagan's father worked for the Works Progress Administration (WPA) from FDR's New Deal and probably could not have afforded to send him to college without that job. Ayn Rand received a $10.00 stipend of every performance of the play she wrote after it left Broadway from the WPA.

donlevasseur's picture
Jun. 10, 2010 8:47 pm

Income Inequality Has Gone Up

The chairman of the White House Council of Economic Advisers, Jason Furman, recently wrote in the Washington Post that "Last year saw the largest single-year reduction in poverty since the 1960s."

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