Archive for March 14th, 2012

Thinking about the disappointing field of Republican candidates this year, one might ask what has happened to the Grand Old Party. Back in 1964, leading Republicans were way better – with respect to style and substance. During the Goldwater campaign, Ronald Reagan delivered the great speech “A Time for Choosing”:

No nation in history has ever survived a tax burden that reached a third of its national income.

We are spending $45 billion on welfare. Now, do a little arithmetic and you’ll find that if we divided the $45 billion up equally among those nine million poor families, we’d be able to give each family $4’600 a year. And this added to their current income should eliminate poverty.

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