The Sad Legacy of Ronald Reagan
kalian
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jun-09-04 06:14 PM
Original message |
The Sad Legacy of Ronald Reagan |
|
http://www.mises.org/freemarket_detail.asp?control=488On August 2, 1988, President Ronald Reagan announced that he had changed his mind about the pro-union plant-closing bill. He had vetoed it three months earlier, but now let it become law without his signature after intense pressure from presidential nominee George Bush and former Treasury Secretary James Baker, now Bush's campaign chairman. Reagan claimed that only this action would enable him to sign a Congressional trade bill almost unequaled in its anti-consumer protectionism.
Ronald Reagan's faithful followers claim he has used his skills as the Great Communicator to reverse the growth of Leviathan and inaugurate a new era of liberty and free markets. Reagan himself said, "It is time to check and reverse the growth of government."
Yet after nearly eight years of Reaganism, the clamor for more government intervention in the economy was so formidable that Reagan abandoned the free-market position and acquiesced in further crippling of the economy and our liberties. In fact, the number of free-market achievements by the administration are so few that they can be counted on one hand—with fingers left over....more... Another one...TOAST!
|
patrice
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jun-09-04 06:26 PM
Response to Original message |
1. Oh, but he gave "us" hope, so none of that matters. - eom |
|
Edited on Wed Jun-09-04 06:27 PM by patrice
one edit : Thanks for the link!
|
DU
AdBot (1000+ posts) |
Sat Feb 15th 2025, 06:45 PM
Response to Original message |
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion
board, visitors agree to abide by the rules outlined on our Rules
page. Messages posted on the Democratic Underground Discussion Forums are the
opinions of the individuals who post them, and do not necessarily represent
the opinions of Democratic Underground, LLC.