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.
Draining The Swamp, Part 4: Trump Should Embrace Eisenhower’s Fiscal Rectitude, Not Reagan’s Riverboat Gamble
