Conservatives will never admit it, but, since the Reagan era, weve been managing the country, more or less, according to conservative economic principles. I mean, it was something of a slow start, resisted by whatever remained of liberalism within the Democratic Party back in the day. But by the time Clinton and the New Democrats were running the show in the 90s, it was ALL about tax cuts for the rich, deregulation, cutting social services, and on and on. In short, the conservatives won, and they won big, and weve been dancing to their tune for three decades now. I mean, sure, okay, we could go even further than this, which is what the Tea Partiers and their ilk want, cutting even more spending, throwing more money at the rich, increasing heartless cruelty toward the poor and all that, but, really, weve been moving in this direction for so long, most of my life, that weve long since essentially been there. And, by now, if the conservatives are right, we ought to be living in something of an economic Nirvana. Weve gone a long way toward getting the government off the peoples backs. Weve allowed the rich to keep a lot more of their money, so as to invest it wisely, which, in theory, ought to have created more jobs. Again and again. And so on. But, needless to say, we HAVENT achieved economic Nirvana. Instead, by almost every indicator, the economic prospects for most Americans have gotten worse, not better. Indeed, as the linked article observes, half the country is either in or near poverty. Not only have conservative economic policies failed to achieve the promised economic prosperity, but they have also apparently obliterated whatever economic prosperity Americans had when I was a kid back in the 70s. Call it whatever you want. Reaganomics, neoliberalism, libertarianism, objectivism, all a total failure. Its really quite remarkable that anybody at all continues to believe in this crap. alternet.org/economy/overwhelming-evidence-half-america-or-near-poverty
Posted on: Tue, 25 Mar 2014 04:08:04 +0000
Trending Topics
Recently Viewed Topics
© 2015