To get the country back on track, the U.S. needs to return to President Ronald Reagan’s economic policies, one of the former president’s close advisers told The Daily Caller’s Ginni Thomas.
“I think we have an example of what Ronald Reagan did in the 1980s,” Edwin Meese of the Heritage Foundation said. “His economic program involved reducing tax rates across the board. He didn’t believe in this class warfare and divisiveness. He thought everybody should be treated equally in terms of tax rate reduction.”
Meese was an adviser to Reagan and served as his U.S. attorney general from 1985 to 1988.
“Secondly, he believed in regulatory reform, doing away with unnecessary regulations,” he continued. “Thirdly, he believed in stable monetary policy, working with the Fed so that we didn’t have the potential for inflation, which unfortunately we have right now. And fourth, he believed in reducing the growth of the federal government.”
Look for the full interview Monday.
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