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by fnordpiglet 31 days ago
Reagan didn’t do it alone, and the philosophy that created this monstrosity inexplicably keeps marching along as if all it needs is more patches and it’s the fault of the demand side and supply side for their philosophical view that “free markets are magic” under every scenario, trundling through the wreckage holding hope as a strategy. As the only country with this problem, maybe the philosophy is wrong.

I blamed Reagan because he managed to effect the philosophy in law and regulation, and therefore create the inertia. I can blame him for his role until the end of time, just as I can blame Julius Caesar for ending the Roman republic long after his death (even that happened shortly after his actions!)

But it’s ok - the current slow motion disaster unfolding will make the hellscape of reaganomics look like a brilliant insight as we play out early stage idiocracy.