By Mark Esposito, Weekend Blogger
In the red corner, wearing angelic white trunks trimmed in gold that darling of the Right, that Gipper of trickle-down economics, the Great Communicator himself, Ron–ald “The California Killer” Rea–gan.
And in the blue corner with black trunks trimmed in red, the “change” President, the foil of all things conservative, the first of firsts in American History, Bar–ack “Betcha Can’t Believe Where I’m From” O–Bam–a.
And today’s contest is a three-round fight for the World Super Heavyweight Economics Guru Belt. The format is a 10 point “must” system and you are the judges. I, your humble ring announcer, get a scorecard but it’s only advisory.
But first some background, both fighters weigh in after tangling with some decidedly tough contenders before this big bout. Reagan came into office with a much more serious recession than most on the Left give him credit for. In addition, he followed hot on the heels of what his predecessor called the great American “malaise.” Plus he had an adversarial relationship with the nation’s biggest rival, the Soviet Union.
Obama came into office with a war on two fronts in Iraq and Afghanistan, a massive recession, and a world-wide financial industry on the brink of collapse. Pretty tough contenders. Plus, he had and has a Congressional opposition party whose expressed goal was to make sure nothing he proposed made it into law. And law, as you know, is the political boxer’s stock-in-trade.
Ding— ding — ding.
Continue reading “Best Out Of Three Rounds: Obama vs. Reagan On The Economy” →