Via Truthout: Revisiting the Reagan Nightmare

Terrance Heath, The Campaign for America's Future: "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 it is 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.... Conservative policies transformed the United States from the largest creditor nation to the largest debtor nation in just a few years. And it started with Reagan. Anyone who's wringing their hands about America's debt and China's ownership of it has Reagan to thank."

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