Draining The Swamp, Part 4: Trump Should Embrace Eisenhower’s Fiscal Rectitude, Not Reagan’s Riverboat Gamble
On the eve of the 1981 inauguration, Senate GOP leader Howard Baker described the fuzzy math of Ronald Reagan's campaign pledge to slash tax rates by 30%, sharply boost defense spending and balance the budget by 1983 as a "riverboat gamble." As it happened, the gamble came a cropper.