Failure of the Reagan Era

[Siddhartha]

Has anyone else noticed that the Reagan Era is cause of the current major messes the US is in?

The Reagan Era dogma is the federal government and particularly its regulatory responsibilities are the cause of all problems in the US. But if you filter out all the noise it comes down to the fact that if the financial markets and off shore oil drilling had been properly regulated the US would not be in the ecological and financial messes it is currently in.

In another thread, people have been ecstatic with the vision of Mr Rand Paul getting the "country back". But what do Mr Paul and the Reagan Era offer? What are their solutions to the current financial and economic messes the US will be paying for generations?
Cut taxes?
Reduce regulation of the business sectors?

What do you think?

 

[Patranus]

Has anyone else noticed that the Reagan Era is cause of the current major messes the US is in?

The Reagan Era dogma is the federal government and particularly its regulatory responsibilities are the cause of all problems in the US. But if you filter out all the noise it comes down to the fact that if the financial markets and off shore oil drilling had been properly regulated the US would not be in the ecological and financial messes it is currently in.

In another thread, people have been ecstatic with the vision of Mr Rand Paul getting the "country back". But what do Mr Paul and the Reagan Era offer? What are their solutions to the current financial and economic messes the US will be paying for generations?
Cut taxes?
Reduce regulation of the business sectors?

What do you think?

Um. Off shore drilling is heavily regulated.

And what does the bailing out of banks (thus encouraging risky behavior) have to do with regulation?

 

[Fear No Evil]

We're back to blaming Reagan again?

 

[Amused]

We're back to blaming Reagan again?

Oh, of course. But don't dare try and say the economic success during the Clinton years had ANYTHING to do with him. Oh no...

 

[Anarchist420]

It's Dr. Rand Paul.

 

[Greenman]

Instead of looking back at Reagan for fault, why not just look at last year?

 

[Red Dawn]

Instead of looking back at Reagan for fault, why not just look at last year?

Besides if you want to be accurate it would be wifes astrologist who should take the blame since it was him/her who ran the country during Waxheads second term.

 

[Siddhartha]

We're back to blaming Reagan again?

I wrote the Reagan Era not Mr Reagan. If off shore oil drilling was properly regulated that $500,000 cut off valve would have been installed.

Anyone, beside Mr Paul et al, still think that the US should reduced the level of regulation of industry and the financial markets?

 

[SirStev0]

You invoked the holy wrath of the Reaganites. Prepare for the trickledown of the flame of cleansing.

 

[Siddhartha]

You invoked the holy wrath of the Reaganites. Prepare for the trickledown of the flame of cleansing.

I know. But someone has to point out that the massive oil leak in the Gulf and the worst recession since the 1930 Depression are failures of the Reagan Era.

 

[cubeless]

and all of the admins and congresses since are blameless and turned to ash as they tried to fix all the evils that reagan put in place? wow... that was one amazing dude...

 

[shira]

It's Dr. Rand Paul.

Well, Dr. Ayn-Rand Paul, if you really want to be specific.

 

[shortylickens]

Theres only one big thing he fucked up thats screwing us now.
He didnt pump enough effort into public education when we had the money to do it. We were already slipping behind Japan and Europe at the time and it was due mostly to having too many poorly educated people in the work force and just entering the work force. The handful of successful yuppies were not nearly enough to keep the whole country going.

I'm not pissing about the whole school lunch issue either, that was just piddly bullshit. I'm saying he should have been revamping the whole damn system so we wouldnt be really far behind almost every European and Asian country in the new millennium. He fucked us over for years to come. Add in the fact he let the illegals stay, now we got a shitload of Americans who cant get good careers or find menial jobs to make ends meet. I am not interested in creating a hundred thousand jobs every year when 1 million go to illegals and 2 million go overseas.

No, I am not happy of all the presidents since him who keep giving things away to those who dont work, but there would be a lot less of them if Reagan hadnt thrown away our opportunities and future.

The best thing he ever did was scare the fuck out of the arabs, and once he left office they started getting ballsy, so it really just delayed the inevitable.

 

[woodie1]

and all of the admins and congresses since are blameless and turned to ash as they tried to fix all the evils that reagan put in place? wow... that was one amazing dude...

Amazing is putting it mildly. How in the world did nothing since the Reagan Era count for nothing?

 

[Anarchist420]

I wrote the Reagan Era not Mr Reagan. If off shore oil drilling was properly regulated that $500,000 cut off valve would have been installed.

Anyone, beside Mr Paul et al, still think that the US should reduced the level of regulation of industry and the financial markets?

Mr Paul. El oh el.

Accidents can happen with regulations you dumb jackass. Even more happen with regulations, I'm sure. The tax payer is forced to make BP a limited liability company. That is, the government makes it so BP doesn't have to pay for the damage they do.

And it pisses me off when people like you believe that the Reagan Era was a laissez faire era.

 

[charrison]

I wrote the Reagan Era not Mr Reagan. If off shore oil drilling was properly regulated that $500,000 cut off valve would have been installed.

Anyone, beside Mr Paul et al, still think that the US should reduced the level of regulation of industry and the financial markets?

There was a cutoff valve and it failed for what ever reason. And these BOP are inspected quite frequently.

 

[Siddhartha]

and all of the admins and congresses since are blameless and turned to ash as they tried to fix all the evils that reagan put in place? wow... that was one amazing dude...

The US has been in the Reagan Era since 1984. Yes Bill Clinton was POTUS during the Reagan Era.
As I wrote in an earlier post one of the major tenets of this Era is the Federal Government is the cause of what is wrong with the US. For the last 30 to 40 years, the push has been towards deregulation.

The Gulf oil spill and the worst global recession since the 1930s are consequences of deregulation.

 

[HGC]

Has anyone else noticed that the Reagan Era is cause of the current major messes the US is in?

The Reagan Era dogma is the federal government and particularly its regulatory responsibilities are the cause of all problems in the US. But if you filter out all the noise it comes down to the fact that if the financial markets and off shore oil drilling had been properly regulated the US would not be in the ecological and financial messes it is currently in.

In another thread, people have been ecstatic with the vision of Mr Rand Paul getting the "country back". But what do Mr Paul and the Reagan Era offer? What are their solutions to the current financial and economic messes the US will be paying for generations?
Cut taxes?
Reduce regulation of the business sectors?

What do you think?

Cut tax rates, especially the corporate tax, and simplify the code to grow the economy. Economic growth, not redistribution, is the way to increase prosperity and tax revenues.

More restrictive financial regulations are needed for government. Fannie and Freddie, which drove the recent crisis need to be gradually eliminated. The implicit government backing of speculation by big banks and other financial institutions needs to be withdrawn.

 

[djmartins]

I know. But someone has to point out that the massive oil leak in the Gulf and the worst recession since the 1930 Depression are failures of the Reagan Era.

WOW!
Amazing that some people are able to type.........

 

[dmcowen674]

Instead of looking back at Reagan for fault, why not just look at last year?

Because Obama hasn't fixed all the ills Bush did to the U.S. yet.

He may be the Messiah but he may not be able to fix all of the damage done by Bush sadly

 

[heyheybooboo]

We're back to blaming Reagan again?

Instead of looking back at Reagan for fault, why not just look at last year?

and all of the admins and congresses since are blameless and turned to ash as they tried to fix all the evils that reagan put in place? wow... that was one amazing dude...

--

 

[spittledip]

Has anyone else noticed that the Reagan Era is cause of the current major messes the US is in?

The Reagan Era dogma is the federal government and particularly its regulatory responsibilities are the cause of all problems in the US. But if you filter out all the noise it comes down to the fact that if the financial markets and off shore oil drilling had been properly regulated the US would not be in the ecological and financial messes it is currently in.

In another thread, people have been ecstatic with the vision of Mr Rand Paul getting the "country back". But what do Mr Paul and the Reagan Era offer? What are their solutions to the current financial and economic messes the US will be paying for generations?
Cut taxes?
Reduce regulation of the business sectors?

What do you think?

I think so. You can put part of the blame on Reagan, Bush, Clinton, Bush2, Obama, etc. All the recent presidents and some of the not-so recent presidents have pushed policies that have helped to create the certain mess we are in. I think what should be done is to stop trying to assign blame b/c both sides are to blame, so it is fruitless. Instead, people need to figure out what was done wrong by both parties and then find ways to fix and/or avoid making the same mistakes. Of course, this will never happen b/c people are to married to their ideologies, and are more concerned about their ideologies than how to actually resolve issues.

 

[Kappo]

The oil spill is a completely different topic for me, but the over-regulation of.. well.. everything is pretty much the reason for much of our economic decline.

The government doesn't run anything efficiently, are prone to making the same mistakes the private sector does (except without consequence or their OWN money), and takes into account special interests (ie - minorities instead of the EVERYONE they should be). Why do they need MORE power?

When they start proving that they can do something effectively and trustworthy, then they can start asking for more things regulate. Until then, why the hell do I want them in my life even more?

 

[NesuD]

I know. But someone has to point out that the massive oil leak in the Gulf and the worst recession since the 1930 Depression are failures of the Reagan Era.

Your are a fool. You can't let 22 years, 4 different administrations, and 11 congresses pass by and then lay The problems of today at the feet of the Reagan era. That is just stupid. If that is the case then I will see your Reagan era and raise you one Carter presidency since Reagan only happened to repair the damage done by Carter. See how stupid that sounds? Making silly statements like your OP and the quote above will not earn you a reputation for intelligence and common sense. You may want to rethink the logic that brought you to that conclusion and this time consider the events that have occurred or should have occurred in the intervening years.

 

[cubeless]

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you seem to be missing the last year and a half... wonder why that is... and i never said you can't blame ronnie for some things, but methinks that you have to have a peek at all those that came after him, too...