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Coreysaurus
Thom Hartmann Program
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Comments by "Coreysaurus" (@ggadguy) on "Third World America" video.
The bottom line is that countries with the most unfree economies like North Korea, Cuba, etc, have the worst economies and massive poverty. When the U.S. was a more free nation with no federal income tax for over 100 years it became the super power of the world, has an industrial revolution, and gave poor people the most prosperity. Ever since the Bushes and Obama, we've been running up massive debts and will continue to see a lower living standard and soon a dollar crisis.
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@TruthAndMoreTruth You are correct. Reaganomics, which is supply-side economics didn't work. It drove up debts. The one solution we haven't done is cut government, end costly wars, end subsidies for corporations, bailouts, stimulus, etc. Both parties are controlled by special interests and it may be too late to do anything.
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Here's another good issue progressives and libertarians can agree on. Stop government bailing out Wallstreet, bankers and corporations. We need to wake up that both parties are run by the bankers. Just look at the people in their cabinet. Michael Moore even covered this in "Capitalism: A Love Story". As far as the enormous salaries, this has come because of government/corporatism. That's why Michael Moore should have called his movie "Corporatism" which IS NOT FREE MARKET.
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@MiracleMile90 When I say "government/corporatism" I'm talking about the past century. All presidents have made their deals with the banks, corporate farming, oil companies, big pharma, etc. It wasn't the "deregulation" since the government regulation, as a whole, only grew during the Reagan years with a Democrat Congress. These regulations, which are written by the corporate lobbyists, only hurt small businesses and free markets. This has been going on for decades. Reagan betrayed us.
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