A co-chairman of Barack Obama's 2008 campaign compared the president's economic agenda to that of Republican President Ronald Reagan on Friday.
"If we cut taxes for the wealthy, while maintaining massive military spending in support of two wars, then the new Republican Congress will be empowered to cut social programs in order to reduce the deficit," Rep. Jesse Jackson Jr., a longtime friend and sometimes critic of the president, said in a statement. "So it will be a choice between cutting programs for the poor, children, the unemployed, the uninsured and veterans or allowing deficits to pile up. That was President Reagan's strategy: A 'starve the beast' plan of lowered taxes and increased military spending that would force Congress to make deep cuts in program for the most vulnerable."
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Sunday, December 12, 2010
Obama's Broken Plate - Former Illinois Campaign Chair Compares Obama's Policies To Reagan's
Rep. Jesse Jackson Jr. likens Obama to Reagan