Reagan’s Lessons in Economic Leadership

President Biden’s signing of the Inflation Reduction Act brings back four decades of better economic governance. On August 13, 1981, President Reagan signed the Omnibus Budget Reconciliation Act into effect. It unleashed a quarter century of American prosperity that made it possible to restore price stability and win the Cold War.

In this era of harsh rhetoric and political fervor, it’s comforting to remember Reagan, not only for what he did for the country, but for the kind of man he was. Let me cite two untold examples of his extraordinary leadership and humanity that I witnessed during the birth of the Reagan revolution. Reagan’s Lessons in Economic Leadership

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