March 4, 2010

Reagan on the 50?

Patrick McHenry, R-NC, has proposed that we change our 50 dollar bill from picturing Ulysses S. Grant with our 40th President, Ronald Reagan.  I think this is a fantastic idea (although putting Reagan on the penny would get him more face time under the Obama economy.)  Well, the LA Times is reporting distaste with this idea.  ( Democrat Brad Sherman said we should have a currency that unites us.  As Rush Limbaugh said, what is less uniting about winning 44 states and then 49 states in two elections?!  Other people have also expressed their disdain because of their love for Grant - seeing Grant's accomplishments more meaningful for the nation than Reagan's.  Oh really?!  Well, once again, we will let the eyes of history be our judge.  Let's list the accomplishments of both and see just whose are more meaningful.

Many historians would probably argue that the Civil War being won by the Union is more important than the Cold War being won.  So, the Civil War ends and what are the results?  We stay together as a nation and we have some important Amendments added to the Constitution (13th, 14th, and 15th).  The Cold War ended with an end to the strangle of Communism that Russia had on Europe it also made America safe and secure as Russia couldn't contend with Reagan's military.  See, we lose the Civil War and the nation is just cut in half.  We loose the Cold War and the nation no longer exists.  The rest of Reagan's accomplishments speak for themselves.  And, these are just a few of the many during his Administration.  We truly can say, as Reagan did, "Not bad...not bad at all."

Let's honor Reagan with a fitting tribute.  The mechanism of economics is supply and demand, but the mechanism of transaction, which ultimately drives supply and demand, is money.  In honor of a great economy Reagan allowed to happen, let's put him on the 50 dollar bill!

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