New York Sun: Silent Cal speaks
Wednesday, November 11, 2015
Call him Calvin Coolidge Cruz. Suddenly Senator Cruz, citing the president who delivered the full-employment economic boom known as the Roaring Twenties, is emerging as a man to watch in the Republican race. Two debates in a row, the senator from Texas declared for the gold standard and sound money, which are associated with high economic growth and low unemployment. He got in ahead of Rand Paul and any of the rest of the pack.
Two debates don't make a campaign, of course, but the monetary issue is potentially the most transformative question in the race. It's not just Mr. Cruz, either. Senator Paul, Governors Christie and Huckabee, and Senator Santorum all emerged on this issue last night, each adding enough savvy and subtlety to the question that it is clear the issue is starting to percolate on the hustings. No doubt this is in part because of what happened at the debate in Boulder, when CNBC's Rick Santelli turned to the Texan and asked him to "focus on our central bank, the Federal Reserve." ...
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