"Mendacity: The tendency to be untruthful (WordReference.com English Dictionary)
Congressman Tom McClintock’s recent constituent newsletter praises the “conservative” philosophy. But what is it conserving, really? Certainly not historical accuracy.
In it, McClintock (R-Granite Bay) complains the current administration is taxing and regulating us too much. In contrast, he says, “Ronald Reagan responded [to high unemployment] by cutting taxes and reducing regulatory burdens…producing the biggest peacetime economic expansion in the nation’s history.”
Virtually none of that is accurate.
Reagan’s “regulatory burden” reduction led to the Savings & Loan bailout–until recently, the most expensive financial scandal in U.S. history, far more expensive than Teapot"
Congressman Tom McClintock’s recent constituent newsletter praises the “conservative” philosophy. But what is it conserving, really? Certainly not historical accuracy.
In it, McClintock (R-Granite Bay) complains the current administration is taxing and regulating us too much. In contrast, he says, “Ronald Reagan responded [to high unemployment] by cutting taxes and reducing regulatory burdens…producing the biggest peacetime economic expansion in the nation’s history.”
Virtually none of that is accurate.
Reagan’s “regulatory burden” reduction led to the Savings & Loan bailout–until recently, the most expensive financial scandal in U.S. history, far more expensive than Teapot"