R.I.P.: 'Reaganomics Revolution' 1981-2011

[marmar]

from MarketWatch:



PAUL B. FARRELL
R.I.P.: 'Reaganomics Revolution' 1981-2011
How Gramm's three meltdowns sabotage America's conservative principles

By Paul B. Farrell, MarketWatch



ARROYO GRANDE, Calif. (MarketWatch) -- "All the world's a stage, and all the men and women merely players, they have their entrances and their exits." Two years ago conservatives predicted a "permanent majority" lasting "for years, maybe decades." No exit. But the hubris gods had other plans.

Now the "final act" of the Reagan Revolution's glory days is being scripted, in grand Shakespearean style, not for 2008 but in 2011.

As a comedy? Well, Reagan was no Shakespearean, but his wit was legendary, so maybe "As You Like It" the source of that great "world stage" speech? "Much Ado About Nothing" doesn't fit, nor does "All's Well That Ends Well." And forget "A Comedy of Errors" although it does remind us of the current Washington meltdown.

Perhaps a tragedy: "King Lear," "Hamlet," "Macbeth?" "Julius Caesar" works, after all: for years Reagan's followers have been assassinating his principles. Ah, but here's the rub, my dear friends: Oddsmakers now favor McCain, so the final act of the Reagan Revolution may indeed be delayed four years.

Why? If McCain wins the betting gods favor former Texas Sen. Phil Gramm, McCain's chief economic adviser, as the new Secretary of the Treasury. Yes, the same Gramm who recently dismissed the subprime-housing meltdown as a "mental recession" in the minds of America's "whiners."

Gramm heading the U.S. Treasury is a playwright's dream, suggesting a modern version. Remember "Shakespeare in Love," best picture Oscar winner? The Bard, suffering writer's block, visits a shrink. His producer hates his new play, "Romeo and Ethel, the Pirate's Daughter." Imagine a McCain economic block, he's unable to revive Reagan's great conservative principles. So stir up the plot, add Gramm's "wrecking crew!" ......(more)

The complete piece is at: http://www.marketwatch.com/news/story/rip-reaganomics-revolution-1981-2011/story.aspx?guid=%7B9B24FFF5%2D8588%2D44AD%2DA59E%2D227DB7F1DCB5%7D

[wilt the stilt]

1. odds favor Mccain?

has this guy been asleep?

[yourout]

2. I dont think it will be this easy to kill.......the Reagonites are like vampires and just as hard...

to eradicate.