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Open Discussion Discuss Trumped-up Reaganomics at the General Forum; Le,ts hear it again about the Sainted Gippers economy.I lived in California thru much of his term as gov;this comes ...

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Old 08-27-2016, 11:36 PM
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Default Trumped-up Reaganomics

Le,ts hear it again about the Sainted Gippers economy.I lived in California thru much of his term as gov;this comes as no surprise for me.

<Ronald Reagan’s name has been invoked in every presidential election since he left office in 1989. Both Hillary Clinton and Donald Trump have already done so in 2016. Clinton used a famous Reagan ad from the 1984 election to attack Trump’s dystopian view of the country’s future in her nomination acceptance address to the Democratic National Convention in Philadelphia on 29 July: “He's taken the Republican Party a long way, from morning in America to midnight in America.”>

<“It’s Morning in America Again” turned out be something of a false dawn if adjudged on the record of the Reagan-era economy. By the time the ad was aired, the burgeoning fiscal deficits of the 1980s were accelerating the financialization of the American economy that had first become evident in the previous decade. The US kept interest rates higher than those of other nations for much of the 1980s as a means of attracting huge inflows of foreign capital to fund the massive expansion in government borrowing. - See more at:>

History News Network | Trumped-up Reaganomics
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Old 08-28-2016, 02:11 AM
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