Regan was lucky regarding the Sowjet Union, nevertheless he deserves credit for the dissolution of it. However in my book this is the only thing he did right. Among the many wrongheaded things he did the worst was to initiate the process of totally dismantling the oversight of greedy industry by government agencies, representing the interest of us, the people. This oversight is the essence of a functioning capitalist democracy. As we dismantled it, based on Reagan???s initiative and justifications, we came to the present sorry state of affairs where the drug industry, the banking/mortgage industry, the transportation industry, just to name a few, operate to the detriment of our society as a whole. And in the process we were made to believe that government is inherently ineffective and hence bad. Well, incompetent government, like the Bush government, is inherently ineffective and bad. But not government in general. Democrats who now ???re-examine??? and re-evaluate??? Reagan and forgetting the huge harm he caused to our democracy are either suffering terminal amnesia, or, like Obama, are pandering to a right of center crowd to get votes. We do not need another Reagan, or Reagan-like president. If Obama wants to be like Reagan he should run as a republican.
The Left Starts to Rethink Reagan
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