http://www.commondreams.org/view/2011/07/21-0The People's Budget vs. The Plutocracy by John Atcheson
.... We’ve tried this approach three times, first in the late 1800’s, next in the 1920’s, and more recently, over last thirty years. Each time it ended in disaster. The first time resulted in the Panic of 1893 and the depression which followed it. The second caused the Great Depression of the 30’s. And our latest sojourn into rightwing madness resulted in the Great Recession. That’s three times we tried conservative, laissez-faire policies featuring deregulation, low taxes for the rich and weak governments, and three of the biggest economic collapses in our history to show for it. At what point do empirical facts trump rightwing talking points?
The answer to these questions is both sad and simple.
Republicans have been running a 30-year scam to vilify government, glorify the private sector, distract the public with wedge issues, and take over the press, while Democrats have run like sissies from any hint of confrontation.
But Republicans have only been carrying their plutocratic overlords’ water. Indeed, corporations have funded a coordinated takeover of the Republican Party, the media, and the machinery of government.