Reagan insider: 'GOP destroyed U.S. economy'

[Ultralight]

Originally Posted by Tightwad

Yes, it all started with Reagan. Yes, it did.........

"How my G.O.P. destroyed the U.S. economy." Yes, that is exactly what David Stockman, President Ronald Reagan's director of the Office of Management and Budget, wrote in a recent New York Times op-ed piece, "Four Deformations of the Apocalypse."

Get it? Not "destroying." The GOP has already "destroyed" the U.S. economy, setting up an "American Apocalypse."

Reagan insider: GOP destroyed economy Paul B. Farrell - MarketWatch

David Stockman is talking about supply side economics and it is true that this economic policy has been devastating for the economy
atleast Clinton reduced debt greatly and balanced the budget and he achived that thanks trough a policy of demand side economics instead.
It was only when Bush jr began lending money to cut taxes steeply and highly regressivly in supply side economic fashion that the debt ratio more than doubled.

[AONE]

Curious all this bantering back and forth. From the right you get a clear and concise explanation of what has gone wrong,, the horn has been sounded. With no punches pulled the culprits are identified.... and you want to support either of these parties why?

It is my contention the parties are a smoke screen designed to make the masses busy att aarguing and not demanding change. the 2 parties are doing the same thing. Yes the Reps started this horrible budget issue but both parties are playing a part in it and neither are willing to change things.

The answer is simple choose another party that actually reflects the interest of the people.

What is it we all want?

a healthy economy
a clean planet
government that attends to some needs but doesnt tax the daylights out of the people to achieve them
honesty / integrity
ending the war and to only take a stance of war when it is needed to protect our security


Why can't we form a party that has similar goals. and lets leave the dem and rep parties on the door step. The Dems were right we needed a change, but neither the 2 parties will generate that change.

[hawkeye2009]

Originally Posted by GregW

That was the goal of the Republican policies since Nixon. Create an economy of the haves and the have not’s in order to cement the class differences in the society. The hyper wealthy can make money at any time but recession can destroy the finances of the poor and working class and speculation is even more effective.
MISSION ACCOMPLISHED

What are you guys smoking?

Let me see....................... NAFTA, China most favored nation trade status, massive entitlements and massive wasteful federal spending.

I wonder who delivered these death blows?