I suppose we already know this, but Reaganomics was a code word for the takeover of the United States by the business elite, the wealthy. In the twenty-eight years that followed Reagan’s election [twenty of which were under Republican Administrations], we’ve basically sold off a lot of American business, outsourced an untold number of American jobs, and allowed dangerous Trade Deficits to develop. The Reagan revolution, as it was called, was a boon to the wealthy, but a growing disaster for the vast majority. In the process, we moved from a product based economy to a service based economy [service jobs disappear in times of Recession – like now].
We really cannot "recover" from this Recession. Our only choice is to gut our way through it and try to undo some of the damage done by letting Wall Street’s short term whims direct [and destroy] us. That’s our only choice. If we fall back under another Republican Administration like Reagan/Bush/Bush, our course will be to simply dig a deeper hole. I certainly hope we don’t have to get sicker, in order to finally start trying to get well. We’re sick enough already. In some ways, I can see why the Republicans like to scream "Socialism" or "Communism." It’s because it is a Class War, only it’s being driven by the destructive behavior of the uppermost Class. Maybe that’s the way it always goes. It’s funny. Nobody is after the wealthy. They just need to think about the rest of the country while they sit around and be rich together.
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