Ever since Barack Obama got elected four years ago, some people have been wishing they had Ronald Reagan back in the White House. They claim he "knew what to do" to "fix the economy"...and everything else. However, looking back on history, I have my doubts. Consider the following:
Reagan "brought the American Economy back" from the mess it had been in the Carter years, when unemployment and interest rates were both into double digits.
However, Reagan did it with deficit spending, running up bills he had no intention of paying. Reagan was also the first president to propose a three trillion dollar budget, financed mostly through deficit spending. Now those Reagan-era bills are coming due.
Further, Reagan's example made it "okay" for the Bush administrations (father and son) to run up huge bills on the national credit card and leave them for "some Democrat" to worry about. We're still paying for those messes, too; or we would be if the Republicans in Congress would get off their well-financed posteriors and work on the budget problem.
Reagan's way of "balancing the budget" included increasing the FICA ("Social Security") tax while at the same time cutting benefits. Does this sound familiar? By the way, the "savings" from those moves were raided by Congress to pay for other things.
And if that wasn't enough, Reagan also invented "trickle-down economics" -- otherwise known as tax breaks for the rich -- on the theory that more money in the hands of "job creators" would mean more jobs. This ignored the fact that many of those "job creators" spent their tax break money on themselves and/or sending what used to be American jobs to third-world countries. And China. This is yet another thing that George Bush The Younger learned from his political idol. We're still paying for that mess, too.
Reagan got America involved directly in Grenada. He also financed the anti-communist wars in Nicaragua and El Salvadore, among other places. In the process, Reagan financed real-life death squads and violations of just about every human right imaginable, then looked the other way. Why? Because "Contras are our friends." More to the point, they were "not commies," which was his prime worry.
And just for funsies, Reagan ordered the bombing of Tripoli and Bengazzi in Libya as tit-for-tat revenge for the bombing of a night club in Germany, even though there was not sufficient proof that Libya was behind that attack.
In order to do that, Reagan financed his secret proxy wars with money he got from secretly trading arms with Iran -- our sworn enemy -- even though it was illegal. Then he hung Oliver North out to take the blame.
Speaking of funding terrorists, Reagan also funded the mujahideen -- including a young Usama bin Laden -- in Afghanistan because they were "fighting communists." He also financed Sadam Husseine, the dictator of Iraq, in his war with Iran because Iraq was "not Iranian." Guess who sponsored terrorism against the Untied Skates, and who oppressed his people so badly that George Bush The Younger went to war with him. Or did "The Shrub" fight Husseine becuse his daddy (Bush the Elder) went to war with Iraq to "liberate Kuwait" (whose royal family had oil-money ties to the Bush family), and because "Sadam tried to kill my father at one time."
Reagan's administration was involved in scandals that included:
- 1 Iran-Contra Affair (see above)
- 2 El Mozote Massacre (death squads run amok)
- 3 Department of Housing and Urban Development grant rigging (rigging low income housing project bids to favour Republican-owned companies)
- 4 Lobbying scandal (ex-Reagan staffers lied about using their connections to lobby Congress)
- 5 EPA scandals (favouring and protecting industry and special interest groups)
- 6 Inslaw Affair (failing to help a U.S. company fight software piracy)
- 7 Savings & loan crisis (bank failures followed by bank bailouts)
- 8 Debategate (stealing Jimmy Carter's debate information)
- 9 Firing Air Traffic Controllers (a union-busting tactic that removed all the experienced air traffic controllers in the country, thus reducing the efficiency and safety of the air traffic system. The air traffic controllers went on strike in protest of being overworked and having their stress-related health problems ignored.)
And a whole bunch of other things which, if Obama had done them, would have the resident "conservatives" around here demanding his removal from office.
A lot of people have forgotten about, Reagan is viewed as a "conservative hero" by some people. That's why they want him back in office, and "that [racial epithet deleted] out. But given the above, is Reagan really the great saint and saviour of the Republic people claim? Or was he even worse than Obama? And the mentor/role model for the Republican politicians and Republican presidents who followed him?
There are the facts and here is the web link: http://en.wikipedia.org/wiki/Reagan_Administration
What say you to this?