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The Fiscal Cliff: What Would Reagan Do?

Dr_Zinj Wrote: Dec 20, 2012 10:49 AM
Barack Obama is the leader of the enemies of the United States. He's also the Liar in Chief. Quite frankly, if the entire federal government disappeared today, our economy would zero out, but be back and roaring in a week.

Editor's note: A version of this article first appeared at FoxNews.com. It was also co-authored by Michael Reagan.

As President Obama and Democrats urge Republicans to increase taxes, some liberals are curiously invoking the name of Ronald Reagan, the ultimate tax-cutting Republican. They insist that even Reagan was willing to compromise with Democrats on tax increases; thus, John Boehner and Republicans should as well. In truth, this is (at best) a false parallel.

It is correct that Ronald Reagan occasionally compromised on certain tax increases, as he did in 1982. He did so in exchange for promised...