A group of young conservatives and GOP leaders gathered for a discussion on lessons that they believe can be learned from “Reaganomics.” The day also marks the fifth anniversary of President Ronald Reagan’s death.
The group noted that Obama understands the importance of reaching out to young Americans, just as Reagan did during his presidency in the 1980s. But the group expressed concern over many of Obama's policies.
“In Obama’s America, the federal government would pick economic winners and losers and substitute political judgements for economic ones.” said Frank Donatelli, former Deputy Chairman of the Republican National Committee. Donatelli said that the U.S. economy has seen a significant downturn, but countered Obama's statements that America is on the brink of another Great Depression.
“The time is coming when this President will own the economy and we’ll have to learn yet again, government doesn’t create wealth, it only distributes it and when it does, we all have less of it,” Donatelli said.
Rep. Tom McClintock (R-Calif.) said that Reagan understood that it is “freedom and freedom alone that produces prosperity in a society.”
Kate Obenshain, former chairman of the Virginia GOP, said Reagan also understood that not only did freedom need to be understood but it needed to be reinstitutionalized.
The discussion was sponsored by the Young America’s Foundation. The Foundation called on the young conservatives to go out and get involved in campus activism and promote the conservative message.
Young Conservatives Study Reaganomics
A group of young conservatives and GOP leaders gathered for a discussion on lessons that they believe can be learned from “Reaganomics.” The day also marks the fifth anniversary of President Ronald Reagan’s death.
The group noted that Obama understands the importance of reaching out to young Americans, just as Reagan did during his presidency in the 1980s. But the group expressed concern over many of Obama's policies.
“In Obama’s America, the federal government would pick economic winners and losers and substitute political judgements for economic ones.” said Frank Donatelli, former Deputy Chairman of the Republican National Committee. Donatelli said that the U.S. economy has seen a significant downturn, but countered Obama's statements that America is on the brink of another Great Depression.
“The time is coming when this President will own the economy and we’ll have to learn yet again, government doesn’t create wealth, it only distributes it and when it does, we all have less of it,” Donatelli said.
Rep. Tom McClintock (R-Calif.) said that Reagan understood that it is “freedom and freedom alone that produces prosperity in a society.”
Kate Obenshain, former chairman of the Virginia GOP, said Reagan also understood that not only did freedom need to be understood but it needed to be reinstitutionalized.
The discussion was sponsored by the Young America’s Foundation. The Foundation called on the young conservatives to go out and get involved in campus activism and promote the conservative message.