lol Ayock, I'm sure you realize several of those items were good things.
1. In many cases, "record deficits" were record investments which paid off well. As opposed to the failed Great Society policies of of giving money away with nothing to show for it.
2. 7.5% unemployment -- down from what -- 10% ? And back then the numbers more accurately reflected unemployment compared to the made up statistics used now. So getting unemployment down to 7.5% was an accomplishment.
3. Star Wars wasnt wasted -- it helped accelerate the collapse of the Soviet Union. And its descendant, the missile defense shield is a bargaining chip that has help enormously with geopolitical stability ever since.
4. LBOs ended many status quo business as usual companies and from their ashes made the US more comptitive.
5. Destruction of the labor movement ? There are sooooo many laws protecting workers now that werent in place in the 1920s. That's what really set back organized labor and all its corruption.
6. Investigations against defense contractors -- the administration initiates them so what you're saying is the Reagan administration cracked down on Defense dept fraud.
So 1/2 the items on the list are actually accoplishments we should be thankful for.
Thanks for pointing them out !!
Chris
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