TheWiseOldFart

Op-ed by TheWiseOldFart   Reagan, Geoge H.W. Bush, George W. Bush, and Donald Trump all implemented the most failed economic policy in history. “Trickle Down Economics,” the policy which Reagan called “Supply Side Economics,” was created by your failed 40 th president, claiming that if the rich have more money, they will create good paying jobs for the American people. This was the biggest pile of bullshit in American history. The super-rich simply placed their additional profits in offshore accounts, or in the purchase of additional mansions or islands.    When Reagan left office in 1989, his failures left our nation in debt for more than a trillion dollars. Two Bush’s and a Trump continued this failed policy, and nearly placed our country in another Great Depression.    In 1993 Democrat Bill Clinton bailed out Reagan and George H.W. Bush. When he left office in 2001, the national debt had been erased, and our national treasury experienced a surp lus.    In 2009, Barack Obama saved

Op-ed by TheWiseOldFart   Reagan, Geoge H.W. Bush, George W. Bush, and Donald Trump all implemented the most failed economic policy in history. “Trickle Down Economics,” the policy which Reagan called “Supply Side Economics,” was created by your failed 40 th president, claiming that if the rich have more money, they will create good paying jobs for the American people. This was the biggest pile of bullshit in American history. The super-rich simply placed their additional profits in offshore accounts, or in the purchase of additional mansions or islands.    When Reagan left office in 1989, his failures left our nation in debt for more than a trillion dollars. Two Bush’s and a Trump continued this failed policy, and nearly placed our country in another Great Depression.    In 1993 Democrat Bill Clinton bailed out Reagan and George H.W. Bush. When he left office in 2001, the national debt had been erased, and our national treasury experienced a surp lus.    In 2009, Barack Obama saved

Op-ed by TheWiseOldFart   For as long as I have been a political writer, I have claimed that Ronald Reagan is responsible for two things: our nation’s financial woes and the demise of the Grand Old Party. He not only admitted that his administration supported the super-rich, he bragged about it. He told his party and his wealthy supporters that “greed is good.”   Reagan was also responsible for the demise of the Grand Old Party, completed by Trump in 2017. He demanded complete loyalty and support from every Republican while abandoning the principles and standards of the former Party of Lincoln. He moved his party even farther to the right and extremism with his war on the working class, minorities, women, and non-Christians. Reagan is on my list of the five worst presidents in history. His fiscal policy of “supply side economics,” better known as “ trickle-down economics,” not only reduced the quality of life for most Americans, tax breaks for the super-rich and corporations placed o