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Limited Government, Fiscal Conservatism Ideas Echoed During Reagan Centennial

February 9, 2011 by  

Limited government, fiscal conservatism ideas echoed during Reagan centennialRepublicans celebrated the legacy of former President Ronald Reagan last weekend to mark what would have been his 100th birthday.

Reagan, who died in 2004, was honored at various events throughout the nation, including a gathering at the Reagan Presidential Library in Simi Valley, Calif. on Feb. 5. According to The Washington Post, Reagan's widow, Nancy, placed a wreath on her husband's grave, and former Cabinet secretary James Baker III — a close friend of Reagan's — addressed a crowd of about 1,200 guests.

Baker said that Reagan's lessons about freedom, common sense and self-reliance remain "every bit as true today as they were then," according to the media outlet. The 40th President of the United States championed limited government, establishing a tax policy that is commonly referred to as Reaganomics. His reforms in the 1980s are widely praised by fiscal conservatives, who credit Reagan with lowering the country's unemployment rate, reducing inflation and creating an economic boom.

Former Alaska Governor Sarah Palin delivered the keynote speech during a Reagan centennial event on Feb. 4. According to the New York Daily News, the Tea Party favorite said that Reagan would be "so proud of the conservative movement today," and he would have expressed his "outrage" about President Barack Obama's healthcare overhaul.

At an event in Chicago on Feb. 5, former U.S. House Speaker Newt Gingrich said that America could also benefit from Reagan's hard line approach to foreign relations while addressing the unrest in Egypt. According to FOX News, Gingrich said that the Obama administration is "unwilling to tell the truth about the threat to the United States" if the Muslim Brotherhood assumes control of Egypt. 

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