For most of the last thirty years in the conservative era that Reagan inaugurated, this country has relentlessly embraced deregulation, corporate defined trade, and lower corporate taxes. The result has been a declining middle class, soaring health care costs, a manufacturing recession throughout the Bush years,, more and more good jobs shipped overseas, this country borrowing $2 billion a day from abroad, Wall Street capturing 40% of all business profits, a shrinking middle class, culminating in the Great Recession, the worst economic downturn since the Depression. We gave these folks the wheel and they drove us off the cliff. Their advice on how to get out of the ditch? More of the same.
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