Tuesday, July 6, 2010

Reagan’s Call for a Jeffersonian “Economic Bill of Rights” Can Restore Founding Principles


By Kevin Mooney

Just as President Reagan channeled Thomas Jefferson on July 3, 1987 to interlink his proposed “Economic Bill of Rights” with the ideals of the founding period, contemporary Americans ought to reinstate the 40th president’s call for constitutional amendments that would force the federal government to operate within its means.

Reagan delivered his address most appropriately from the Jefferson Memorial and followed up with a radio address on Independence Day and explained how the key elements of his reform package would help to re-establish checks and balances against federal power. He also identified four basic economic freedoms that were in need of greater protection: 1)the freedom to work 2) the freedom to enjoy the fruits of one's labor 3) the freedom to own and control one's property 4) the freedom to participate in a free market.

Get full story here.

No comments: