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Message: Reagan diary entry of "the" supply sider

Reagan diary entry of "the" supply sider

posted on Oct 08, 2009 01:06AM

Page 25

I read the book, The Reagan Diaries, which follows Ronald Reagan's 8 year term through his daily dairy entries, and lo and behold, early on at page 25 comes this obvious bombshell from economist Arthur Laffer: "Art Laffer dropped a grenade on his colleagues when he said we weren't going to solve the fiscal program until we returned to convertibility of money for gold. I would have liked to heard the discussion among the economists after I left" - Ronald Reagan

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