Rachel Maddow's summation of the failure of Reaganomics and trickle-down. Terrific

ProfessorPlum

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Mon Aug-08-11 04:19 PM
Original message

Rachel Maddow's summation of the failure of Reaganomics and trickle-down. Terrific

Run time: 08:27
https://www.youtube.com/watch?v=BUQbiMmIuDU

Posted on YouTube: August 06, 2011
By YouTube Member: matsubara98
Views on YouTube: 213

Posted on DU: August 08, 2011
By DU Member: ProfessorPlum
Views on DU: 2674

We need more story-telling like this from the Democrats.

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DutchLiberal

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Mon Aug-08-11 04:23 PM
Response to Original message

1. Isn't that an old video? Didn't she do that a few months ago?

Anyway, it's worth repeating nonetheless! The number 1 reason why the US and Europe are doing so bad, is they're still following Reaganomics, even though they've been disproven time and again.

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Jakes Progress

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Mon Aug-08-11 04:39 PM
Response to Reply #1

3. Hell. So is

our president.

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AlbertCat

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Mon Aug-08-11 09:17 PM
Response to Reply #1

9. reason why the US and Europe are doing so bad, is they're still following Reaganomics,

That's not what ABC News said. They said it was because of workers pensions and promises like health care that are making Europe broke.

See... socialism is the problem! Of course!!!!

:eyes:

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izquierdista

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Mon Aug-08-11 04:25 PM
Response to Original message

2. I can't watch this.....

Brings back horrible memories of the senile old fool.

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Overseas

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Mon Aug-08-11 05:45 PM
Response to Original message

4. There it is. For those who don't remember Reagan.

The fabulous Trickle Down.

Amazing that political propaganda can still trot out the tired talking points again and again, after more and more wealth has been sucked upward.

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Ruby the Liberal

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Mon Aug-08-11 05:45 PM
Response to Original message

5. Ouch.

That clip of President Obama with her comments about how "things are different now" because our guy won't stand for supply side was really painful to watch.

x(

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fascisthunter

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Mon Aug-08-11 06:32 PM
Response to Original message

6. Love to see what the trickle down think tanks will say to this

Edited on Mon Aug-08-11 06:33 PM by fascisthunter

probably ignore it, hoping people don't talk about it for long.

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blank space

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Mon Aug-08-11 07:04 PM
Response to Original message

7. The analogy is the water in the harbour rises and all

boats rise equally with it - the reality is only the super rich have boats in the harbor and can escape the flood of poverty which inundates us and drives us from our homes.

The kind of thinking espoused be Reagan is Chicago school economics, Hyak, Milton Friedman, Greenspan and many others. It is known as neo-liberal economics. It is very, very important to understand that neo-liberal economics is what democrats have also subscribed to for the better part of 30 years.

Obama is FROM CHICAGO, his belief in Chicago school of economics is absolute. So what he is doing should come as no surprise to anyone.

Anyone on this forum who has not read Naomi Klein should be ashamed of themselves.

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RoccoRyg

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Mon Aug-08-11 07:29 PM
Response to Original message

8. At this point:

It's probably best to invest all the nation's money in a time machine. Really, what do we have to lose?

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