Setting the Record Straight on the Phoenix Expansion Milestones
The Joint Economic Committee staff lauds Reagan economics as the era’s longest expansion. They cite a five year bull market, record high indices, 2 trillion in wealth, falling unemployment to 5.9 percent, and inflation well below 10 percent with low interest rates. The report praises growth while critics warn of a $209 billion trade deficit and deficits, urging a balanced budget amendment to curb spending.
MENTIONED IN THIS ARTICLE
Congress
Joint Economic Committee
Phoenix
Wall Street
Carter
Reagan
George Washington
Paul Volcker
Federal Reserve Board
Alan Greenspan
Greenspan
Volcker
Council of Economic Advisers
Ford
U.S
GOP
Flight Miracle Fights Routine On Boeing 747 Takeoff
A Pan Am Boeing 747 escape from disaster after pilots forget wing flaps on a London to New York flight amid a broader critique of the drudgery of routine in air travel. The piece contrasts the thrill of flight with safety lapses and advocates changing checklists to keep crews vigilant.
MENTIONED IN THIS ARTICLE
Ed Selleck
Pan Am
London
New York
Detroit
Northwest 255
Heathrow
Honest accounting of federal lending costs
A critical analysis of federal credit programs argues they attract political support by promising benefits with hidden costs. The piece cites rising direct loans and loan guarantees, low subsidy rates, and high default risk, urging clear subsidy disclosure and upfront funding to curb subsidized lending and protect democracy.
MENTIONED IN THIS ARTICLE
Harvard
Herman Leonard
Congress
Sens
Lawton Chiles
D-Fla
Pete Domenici
R-N.m
Reagan
Senate
House
Capitol Hill
Washington
Small Business Administration
Imaginary Reagan interview hints at second-term struggles
A fictional dialogue portrays Ronald Reagan discussing his second term, the Iran Contra affair, and diplomacy with Gorbachev. The piece frames him as a wounded lion reflecting on tax cuts SDI and a shift toward real-world leadership while addressing critics and historians.
MENTIONED IN THIS ARTICLE
New York City
Ronald Reagan
Fdr
Alf Landon
Supreme Court
Reagan
America
Carter
SDI
Howard Baker
Nancy
Howard
Gorbachev
Stalin
Yalta
Also Mentioned on This Page
Northwest
Tribune Media
Democratic
Persian Gulf
Gulf
Roosevelt
Teddy Roosevelt
Garry Wills
Nixon
Nicaragua
Los Angeles Times Syndicate
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