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seabeckind

(1,957 posts)
1. Reaganomics wasn't the problem, it was a symptom
Sun May 4, 2014, 10:27 AM
May 2014

The biggest problem was that he brought the moneychangers into the temple and promoted them to godlike status.

Government and business operate with totally different goals. Business emphasizes profits for the few while government functions for service for the many. In the former case it is easy to determine success or failure. In the latter it is much more abstract, more esoteric.

He arose in stature by pointing out those places where government failed small segments under different circumstances and appealed to them. Since it is impossible to satisfy all people in all ways...well, the rest is history.

Since his presidency we have seen no leader who hs reversed this attitude. Our current president gives the moneychangers as much access as Reagan did. In fact he held Reagan up as someone to be admired for a generated sea change.

When we look at the current failures in our gov't, bank regulations, sprawl, tax shelters, wealth inequities, they can all be traced back to the shift from gov't to service the many to emphasis on economics as a measurement of success.

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