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Why real monetary reform can - and must - be done now

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Under President Reagan, Congress reformed the income tax code and balanced pay-as-you-go Social Security despite deep partisan divisions. Yet by Reagan's self-assessment, the Reagan Revolution was incomplete when he left office. We believe the monetary and budget reforms left unfinished in the 1980s now seem finally doable. "When a conservative says it is bad for the government to spend more...

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