National Regrets and Paying for Reagan-Bush Policies

by Stephen Crockett [courtesy of Blog for America]

Our current list of national economic difficulties and governmental failures is a direct result of nearly 30 years of failed Republican policies. We are paying the price in many ways for our national love affair with slick, emotionally appealing Republican political rhetoric and candidates. We can no longer ignore the harsh reality behind the deceitful words.

We have all experienced bad relationships and failed romances. Long after the romances are over, we are still dealing with the negative consequences both emotional and financial. We keep paying the unhappy costs.

The legacy of distrust, dealing with debts accumulated based on lies, self-doubts for believing the nice sounding lies and living with an awareness that we all are subject to the weakness of emotional reasoning remain long after the relationships have collapsed. There is always the possibility that the burden of dealing with the problems is so great that we go into denial and repeat the same mistakes by buying into slightly repackaged versions. It plays hell on emotional, physical and financial well-being. We all have been there.

It is long past time for the American public to end our soured love affair with deceitful Reagan-Bush Republicanism and start cleaning up the mess left behind. It will be emotionally upsetting but has to be done. The damage is great. It will require a real change in both our behavior and thinking to undo the damage and avoid repeating the same mistakes. It can be done!

In 2008, we are finally be forced to start paying the price for the falsely named set of economic policies once labeled “economic deregulation” that became the national political creed with the election of Ronald Reagan in 1980. We shifted the tax burden to those least able to bear the strain by raising taxes on both the poor and the middle class. We cut dramatically the tax burden of the wealthy and even more so for the Super Wealthy. We encouraged paper financial profits over real economic growth. We exported our industrial base weakening our nation because it temporarily profited our economic elite.