Noam Chomsky Quotes

The stagflation of the 1970s blessed us with damaging wage and price controls and the utterly counterintuitive supply-side notion - famously drawn on a napkin - that cutting taxes would lead to higher tax revenues.

Nothing beats Reaganomics—though herpes can run it pretty close.

I helped Ronald Reagan and Jack Kemp develop supply-side economics.

Reagan's legacy is so powerful because he identified the state as the central issue in American politics.

Under Reagan's policies, inflation and nominal GNP growth shriveled much faster than predicted, throwing off government revenue estimates and resulting in budget deficits.

Ronald Reagan felt very great regret about the deficits to which he contributed on his watch.

For those of you who don't understand Reaganomics, it's based on the principle that the rich and the poor will get the same amount of ice. In Reaganomics, however, the poor get all of theirs in winter.

After 2003, we lowered taxes across the board. And by 2004, revenue to the federal government grew. In the 1980s, Ronald Reagan cut taxes dramatically. And by the end of the decade, revenue coming in the federal government had doubled.

Reagan proved deficits don't matter.

When, in his first inaugural address, Ronald Reagan famously said government is the problem, not the solution, he established the Republican mantra that has not changed in all the years since. It was a clever bit of rhetoric, but it has turned too many Republicans into economic simpletons.

I wonder if these people today would think Reagan was a Reagan conservative.

Ronald Reagan was a dim hack who did horrible damage to almost everything he touched.

The reality is that during the Reagan years, for instance, we doubled the amount of revenue that we were sending to Washington, D.C. after the tax cuts took effect.

Trickle down economics says that the best way to feed the birds is to give oats to the horse.

As president, Reagan worked very well with Democrats to do big things. It is true that he worked to reduce the size of government and cut federal taxes and he eliminated many regulations, but he also raised taxes when necessary.

Government actually grew during the Reagan years.

We are all living in a world shaped by Reagan and his ideology of small 'l' liberalism.

There's a reason why, when Reagan became president, he started getting rid of regulations, and we had a booming economy.

Donald Trump is producing the kind of shoot-the-moon economic recovery that we last saw under Ronald Reagan in the 1980s. He's copied a lot of the Reagan playbook: Deregulate, cut taxes, promote American energy.

Reagan was no neocon.

Trumponomics is Obamanomics in reverse.

The idea behind Reaganomics is this: a rising tide lifts all yachts.

I don't think "Reganomics" will ever fully end. I mean, Reaganomics, to put it simply, was trying to get low taxes for wealthy people. And wealthy people are still there pushing for low taxes.

The stories have been told so often by those of us who supported President Reagan over the years that they seem mundane, almost like a fictional novel or a movie script.

I watched Reagan turn around the country by lowering taxes and controlling spending, and I'm applying the same principles.