Revisiting the Reagan Nightmare

[Quixote1818]

By Terrance Heath

February 4, 2011 - 3:16pm ET


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"Now that he is safely dead, let us praise him." poet Carl Wendell Hines wrote of Martin Luther King Jr, after his assassination. Ronald Reagan has been "safely dead" for just under seven years, but the economic impact of his policies remain with us.

In a sense, it's highly appropriate that the centennial of Reagan's birth falls upon us in the midst of a economic nightmare from which its uncertain when — or if — the nation will awaken. Though we will be inevitably awash in conservative praise and hagiography of Reagan, his 100th birthday is also an occasion to remember how America's long economic nightmare began.

It's a story told many times, but it bears telling again, and again, as David Johnson did last year as he explained how the "Reagan Revolution" came home to roost. He even told it in charts.

More: http://www.ourfuture.org/blog-entry/2011020504/revisiting-reagan-nightmare

[Sherman A1]

1. Thanks for posting!

Much Appreciated!

[PuffedMica]

2. K&R

[Lifelong Protester]

3. Wow. Scary reading. What a nightmare indeed.