Ronald Reagan’s Socialist Program
January 31st, 2010
David Gergen: Now, one of the most effective popular programs we’ve had in the last three decades. It’s called the earned income tax credit. It’s a program whereby, if you’re a working person, a working couple and you’re below the poverty line, the government will actually give you money. That’s a redistributed program. It’s a program which takes money from the upper classes and gives it to the lower — to the working poor. Now who started that program? The earned income tax credit? Ronald Reagan. It was one of the — it was an achievement of the Reagan administration that Bill Clinton then built on.