frflyer

These Insiders Are Buying During This Selloff

User218405

Your answer is absurd. Here is the truth. Reaganomics doesn't work. It hasn't worked for 80% of Americans for the past 25 years or more. Deregulating everything under the sun doesn't work. After the savings and loan debacle, the housing debacle and the banking and Wall St debacle, that much is clear. Don't forget that we still
basically had Reaganomics under Clinton, even though he did produce a surplus.

According to a study by the Pew Foundation, between 1983 and 2004 the top 20% in income got 89% of the economic growth. The top 1% got 33% and the next 4% got over 25% of the growth. The other 80% of us collectively got only 11% of the growth. Baby boomers make 12% less than their fathers made in real buying power. We now have the worst distribution of wealth in the industrialized world, with the exceptions of Mexico and Russia, and the worst since 1929. All because of Reaganomics. All of the $10 trillion or so of federal deficit came under the last three Republican presidents.
Blaming the democrats is totally dishonest.