What an irony it was that the very person who cheer-led the high priest of voodoo economics at a different point in political time nailed it down precisely as the danger it constitutes.
Presidential candidate George H.W. Bush, or Bush the Elder, sought the Republican nomination in 1980 at a time when the eastern Republican Party establishment was on its last legs.
This was not the same Bush we saw eight years later exploiting through communications mudmeister Lee Atwater bogus issues like Willie Horton and the Pledge of Allegiance while solidly touting his membership in the National Rifle Association.
The George Bush of 1988 positioned himself in many ways like his son 12 years later as a grand Texas cowboy, a good old gun touting American buttressed by God, Mom, apple pie and the flag.
In the preceding two presidential election cycles since Bush had initially sought the Republican nomination, the candidate that Richard Nixon derided as "the kind of guy who gets appointed to things" had conveniently abandoned and forgotten the soundest, most intelligent political policy observation of his career.
This was the George Bush who constituted the last gasp of the eastern Republican establishment, a candidate who identified with his New England roots and rejected the kind of corporate radical conservatism that Ronald Reagan and his California colleagues were packaging.
The millionaires who constituted Reagan's kitchen cabinet when he served two terms as California governor sold him on the idea of a restoration of the trickle-down economics of presidents Warren G. Harding and Calvin Coolidge. This concept and what accompanied it resulted in the Great Depression.
Not only was money trickled down from those of great wealth to those at the bottom of the economic ladder, it was accompanied by a tenet that Reagan embraced as well. He frequently repeated the phrase of "Get the government off of people's backs."