Reaganomics killed America’s middle class

Reaganomics killed America’s middle class

I watched it begin to happen. In the 1960s I kept track of the numbers and ratios of people living below the poverty line. Both were falling because of the war on poverty, the opening of community colleges for low income people to get a college education, the fair labor laws that protected workers and provided disability protection. At the same time as the war on poverty occurred the war in Viet Nam drained huge amounts of money, resources, people, and production out of making our society a healthier society and the old cry of "Bread or Bullet" were shouted in the streets.  

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Tags: Reaganomics, bread or bullets, poverty

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Comment by Michael Penn on August 16, 2014 at 9:55am

I was Republicon in those years and was for Reagan. At least he would offer you a jelly bean. I have to admit that I knew very little about politics then.

When Reagan downed PATCO it was the start of death to American unions. Reagan ran the country as a Republic.

Comment by Freethinker31 on August 15, 2014 at 10:05pm

@Pat.....If only James  Garner had come out with that info on Reagan when he was running  for President....Garner  could have changed  history.....

Comment by Freethinker31 on August 14, 2014 at 11:00pm

I wish someone  would tell the Tea Party  that  trickle down ,supply side economics  was tried before  and  was proven  that it did not work.........I wonder if any of them  would pass a civics  quiz.....Somehow  I doubt it......It baffles  me how the Republicans glorify  Reagan as if he was our  greatest President.....Look how many buildings  are named  after him.....

Comment by Bertold Brautigan on August 14, 2014 at 8:21pm

There’s no doubt that reaganomics sparked the beginning of the end of the middle class. Everyone except partisan putas knew at the time it was “voodoo economics,” but that didn’t stop it. And this kind of blurs with an even worse Reagan legacy. This was the Republican handlers more than Ronnie personally, but his first campaign also marked the beginning of the right wing’s departure from reality. They essentially weaponized H.L. Mencken’s old saw that No one in this world . . . has ever lost money by underestimating the intelligence of the great masses of the plain people. For the first time they fully realized “We don’t need no stinkin’ logical analysis of the issues.” The people wanted a cowboy and could care less if there was anything under the hat. 34 years later the Ds are still trying to catch up, but they’re severely hobbled by kind of keeping one foot in reality.

And imho there’s a still worse Reagan legacy.

“I will remember Mr. Reagan primarily for his relationship with the evangelical Christian community in our nation.”

--Moral Majority founder Jerry Falwell

“Former President Ronald Reagan gleefully courted and ushered the Religious Right into the White House and gave certain Christian leaders unprecedented access to the leader of the free world.”

Religious Right – The Greatest Threat to Democracy, A.F. Alexander

Comment by Bertold Brautigan on August 14, 2014 at 7:31pm

I always loved James Garner from the days he played Bret Maverick. I knew he was a classy actor, but I didn't know he trashed the Raygun. (There is one thing I admire Reagan for though. He once referred to George W. as "George H.W.'s "ne'er-do-well son." Talk about prophetic words!)

Comment by Atheist in FundyLand on August 14, 2014 at 7:31pm

When Reagan died, one of the waitresses at a restaurant I frequent was in tears. I knew that Reagan had helped destroy the country, so I was speechless...both because he was so beloved AND because I didn't want to hurt the feelings of people who actually loved the guy.

Comment by Atheist in FundyLand on August 14, 2014 at 7:28pm

The link is broken. The http needs a colon after it. :)

Comment by Loren Miller on August 14, 2014 at 7:24pm

That is PREMIUM, Pat.  Would that James Garner had been more vocal back in 1979 and 1980...

Comment by Pat on August 14, 2014 at 7:22pm

Oh, and here's one more

Comment by Loren Miller on August 14, 2014 at 7:22pm

Of course Reaganomics killed the middle class - because it introduced the idea of taxing the wealthiest less on the promise of trickle-down, a promise which has never in any measurable fashion been kept.  That started the further enrichment of the 1% at the expense of the middle class and their resulting impoverishment.  Meantime, the wealthy horde both money and power and are loathe to relinquish either, and they have friends in high places who help them keep the status very quo.

Seriously, short of a second American revolution, I wonder what it will take to break that hold.

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