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Crisis Inspires Rethinking of 'Reaganomics'

Former President Ronald Reagan's stance against big government set the tone for economic policy. (David Ake / AFP/Getty Images)

Big government is staging a comeback.

When Ronald Reagan entered the White House in 1981, he famously declared, "Government is not the solution to our problem; government is the problem." Since then, conservative small-government ideas built on a foundation of deregulation and low taxes have dominated the debate over what role Washington should play in the economy.

Posted in Bailout, reaganomics