TheWiseOldFart

To understand our nation’s up and down economy, we must look at the fiscal policies of every president since 1981. It was 43 years ago when Ronald Reagan became our country’s 40 th president. He revealed his fiscal policy which he called “supply side economics.” This misleading term led to a more accurate description known as “trickle-down economics.” Reagan originated the Republican Party’s current policy of focusing on the success of the super-rich. He claimed that if their huge corporations were profitable, in turn they would create jobs and the foundation of a capitalistic society, consumerism, would grow exponentially. Of course his policy failed miserably. Billionaires care about no one and nothing else other than increasing their already ludicrous personal wealth. When Reagan left office in 1989, unemployment was at 10 percent and rising, and the national debt reached an unfathomable one-trillion dollars. His successor, Republican George H.W. Bush continued Reagan’s policy of g...

                                                                     TheWiseOldFart Writers Must Write My heart was broken. The election of Donald Trump for the second time was not only a huge mistake, but a dark day for our nation’s future. Hours after the results were reported, the writer in me put the pieces together. I realized that something I learned more than a dozen years ago, when I began writing for a newspaper. At least 90 percent of all Americans are uninformed and therefore ignorant. Most of our nation’s people are lazy and, like Trump, “learn everything they need to know on television.” Which means they know nothing. This is why I ceased writing my blog, “TheWiseOldFart.” However, this became a problem for me. I am a writer, and writers must write. Whether it is my blog or my novels, I have a ...