For 27 years, all we have heard is how great Ronald Reagan was as a president. Yes, he brought down that wall and presided over the end of the Cold War. But, today's financial crisis is the culmination of Reaganomics and the furthering of it by his disciples like John McCain. Cut the taxes for the rich and they will create jobs. Roll back regulatory requirements and the free market will take over and create prosperity. After all, government needs to get out of the private sectors way. And, let's not forget the assault on the unions that began with Reagan.
Well, 27 years later where are we??? The financial industry's own greed has it brought it down as the continued deregulation of Gramm and McCain has ruled the day. Further tax cuts for the rich has brought this nation to its knees with a runaway deficit as a result of the rich not paying their fair share and the Republican Administration's reckless spending that John McCain has supported 90% of the time. And by the way, job creation over the last 8 years has been the worst since Hoover. The working man is hanging on for dear life as unions are becoming less important and wages and benefits are not growing with expenses.
I remember the 80's and the economy sucked!!!! Reaganomics was a joke then and I feel vindicated because recent events have proven me right. The proof is in the pudding: Ronald Reagan screwed us!!! I hope all you conservatives are happy....
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