Tuesday, January 3, 2012

Road to American economic recovery - Gingrich played major role in prosperity of the 1990s

Despite the rhetoric in the crowded field, only one aspirant has the resume and track record to get the job done.... - William Loughrey/Washington Times

Mr. Gingrich once before transformed a ruined economy strangled by regulation and the Washington status quo, invoking memories of Ronald Reagan, Margaret Thatcher and even Milton Friedman.

In 1990, when George H.W. Bush negotiated a budget agreement and sought to raise taxes - breaking his own “no new taxes” pledge - it was Mr. Gingrich, the minority whip, who led the revolt among conservatives in the House.