Monday, June 1, 2009

Reagan Did It

Krugman telling it how it is.

And as for that jackpot — well, it finally came more than 25 years later, in the form of the worst economic crisis since the Great Depression.

Posted by ketha @ 12:51 PM (832 views)
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2 thoughts on “Reagan Did It

  • I thought thjis would happen when he did it – stated that here, many times. Reagan also repealed the 1933 Glass-Steagall Act – not to be outdone Lady Thatcher effectively abolished building societies, sold off our utilities for thrupence, and gave away council housing stock – an important precurser to the current ‘difficulties’.
    And just to keep up the bubble inflating efforts – sold us the rain , to help the cash chase the finite land resources.
    Anyone out there got a ‘back of a fag packet’ manifesto for repairing the damage?

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  • Clinton repealed the Glass-Steagall Act braindeed; see you’ll living upto your sudonim.

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