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The real effect of ‘Reaganomics’

Monday, February 7th, 2011

Monday 7 February 2011
In Reagan’s caricature, the central divide between progressives and conservatives is that progressives trust the government to make key decisions on production and distribution, while conservatives trust the market… In reality, the right uses government all the time to advance its interest by setting rules that redistribute income upward… There is no way that government interventions will reverse a rigged market. For some reason, most of the people in the national political debate who consider themselves progressive do not seem to understand this fact.

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