With the election of Ronald Reagan, the Golden Age was transformed into a Dark Age of government of, for and by the special interests that mainly are corporate ones and the rich overall.
The senior Bush after him then spoke of "the new world order" but didn't explain it was based on imperial expansion and fealty to the rich and powerful.
"it's the economy, stupid," then told us how he felt our pain and went on to dissemble on almost everything from his mangled "managed competition" notion of health care to the North American Free Trade Agreement (NAFTA) and WTO that destroy the lives of working people everywhere under their one-sided trade rules favoring the corporate giants.
He also enacted so-called welfare reform that threatens to impoverish the needy any time the economy weakens enough to throw enough people out of work and in the same year the 1996 Telecommunications Act that promised consumers a world of benefits and only ended up removing competition in the giant communications industry to create media and telecom monopolies destroying any chance for an open market place of ideas and an informed electorate.
Tags:
Giant communications
Welfare Reform
World of Benefits
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