President Obama is attempting to reverse the Reagan economic plan, which promoted a growing economic inequality over the past 30 years.
It is about time that the middle class and the poor got a fair shake, and it is clear that not only did the Reagan Administration promote a policy of the rich getting richer, the poor getting poorer, and the middle class being pushed downward, but also the rapid promotion of deregulation, accelerated in the administration of President George W. Bush, has led to the economic disaster this nation now faces.
New books are coming out now that demonstrate that our national adulation of President Reagan is misguided, as much of what he brought about can now be seen as negative and counterproductive.
Conservatism has had its run, and the damages wrought now must be reversed, and Obama is making clear his readiness to bring fundamental change. This should be applauded and promoted, and the American people seem prepared to back this necessary transformation in government policy in many different areas!