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| Permalink View Article Stats (2 comments) Reagan Mythology is Leading US Off a Cliff Quicklink submitted by Joan Brunwasser (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| Entirely forgetting the real history of how Franklin D Roosevelt used activist government to save American capitalism from itself, the entire US political establishment is instead hypnotized by the false history woven around its most over-hyped president of all time: Ronald Reagan. Idolatry of Reagan's supposed tax-cutting wonders propels the now widespread economic belief that up is down, that cutting government spending is the way out of - rather than into - a severe recession. At the same time, idolatry of Reagan's supposed political wonders propels GOP extremists to ignore all other considerations. Because of this hypnotism, America's political establishment has barely even begun to notice two unconventional possible ways out that remain, neither of which require anything from Congress, but both of which need bold presidential leadership ala FDR. |
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As Reagan and all his followers failed to understand, . .
by Richard Clark on Monday, Jul 11, 2011 at 10:51:37 AM
The USG keeps using the Reaganomics, huge deficits spent on
by bogi666 on Monday, Jul 11, 2011 at 3:08:19 PM