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> Ronald Reagan fostered competition across much of the American economy. > A similar transformation is needed today. Reaganomics is the cause, not solution to
by fcarraldo 8y ago
> Ronald Reagan fostered competition across much of the American economy.
> A similar transformation is needed today.
Reaganomics is the cause, not solution to, today’s capitalism crisis.
- ci5er 8y agoThat is a bold large-ish declaration. Would you be kind enough to define: 1) Today's capitalism crisis, and 2) Reagonomics' role in being the cause instead of the cure? Thanks so very much.
- starbeast 8y agoI found some documentary footage from the era that I think explained this quite well - https://www.youtube.com/watch?v=2NrWX-FsXgQ https://www.youtube.com/watch?v=2NrWX-FsXgQ
- ci5er 8y agoNice clip. I'm sorry that I don't find it compelling for the purpose of answering the question as asked. Maybe you went to a different logic school.
- knieveltech 8y agoThese downvotes are unfortunate given this statement is objectively true.
- ci5er 8y agoI didn't downvote the person, but I did ask for clarification and got downvoted. Can you explain your claim 'objectively true'? There are too many non-concrete nouns running around for me to be able to keep track of...
- knieveltech 8y agoI'm sorry but I don't think the 80s are really something that can be explained to someone that didn't live through them, which I assume you didn't, otherwise you wouldn't be asking for clarification on Reaganomics.
- ci5er 8y agoI loved the 80s so much more than the 70s, so I'm not sure where you are coming from. EDIT: I did remove an insult from an earlier draft of an earlier comment that you were probably a kid (as most people here are) that didn't remember the 80s. Since you are apparently not, my question still stands. (I don't have a pin-up of Margaret Thatcher any more, though...)
- chairmanwow 8y agoI think the downvotes are coming from the lack of context accompanying the GP’s bold statements.
- knieveltech 8y agoNot sure what's expected here. I mean, this is hardly the format for 20 page dissertations on lived history. I'm guessing these downvotes are coming from folks that are missing context because they're in their 20's and don't actually know anything about Reaganomics, what was proposed vs what the actual observed outcomes were, etc.