Wednesday, January 04, 2012
The shame of being a conservative has never been greater.
We've been doing the Reaganomics thing for thirty years now, more or less, and if it had all worked the way they were selling it to us, we'd be in economic Nirvana by now, not facing the prospect of one out of every two Americans in or near poverty. It's a real world study: cutting taxes, destroying the social safety net, and deregulating industry have all been tried, repeatedly, and failed utterly. Time for a new economic paradigm, or rather, time to return to FDR's New Deal.