America's Reaganomics caused suffering

Part I

Back in January of 1981, when the world population was around 3.5 billion, we inaugurated Ronald Reagan as our president. Corporate taxes were around 70 percent, and President Reagan thought it was a good idea to cut those taxes in half. Business in the 80s was good, until the North American Trade Agreement (NAFTA) came around in the 90s.

When Reagan took office, the U.S. had only three billionaires, and not a single one was Oprah, Mark Cuban or Donald Trump (but they all thank Reagan.) What Reaganomics started was the creation of 1.25 billionaires a week for 40 years. Now 2,080 weeks later, the U.S. has over 2,500 billionaires.

Meanwhile, China’s middle class has risen to around 400 million, more than the current U.S. population. Do you ever wonder why the U.S. has no high speed rails up and down the coastlines? Or why our bridges are falling into the Mississippi River? And there is no money for proper forest management?

Now with Trumponomics, we have our very first trillion-dollar-company, Amazon.com, Inc. Amazon’s CEO, Jeff Bezos is one-tenth of the way to becoming America’s first trillionaire being worth over $100 billion (or maybe only one-twentieth… we will see how his divorce goes.)

I hear Vladimir Putin might be worth anywhere from 200 to 500 billion, so he may very well become the world’s first trillionaire. He may be already halfway there now.

When the world’s top 26 billionaires are worth more than four billion peoples’ combined wealth, something has gone wrong. That is sickening, and it is what has taken place over the last four decades. Student loan debt, real estate debt, federal and state pension debt are at all-time highs. When the next bubble bursts, it’s going to be a whopper— and will be the start of another revolution coming soon.

What Reaganomics and NAFTA did was a very good thing. But while Dubai was being built and trillions of dollars went to China and South America, we forgot to take care of the nation’s infrastructure. For the past 40 years we’ve neglected our homeland— America!

While our nation building activities around the world have brought billions of people out of poverty, we have forgot about poverty at home. While Reaganomics kickstarted the billionaire class, NAFTA exploited it. Now Trumponomics is trying to get some of the trillions of dollars back into America. America doesn’t need is a new trillionaire class.

Looks like history is repeating itself all over, here we go again! I hope a lot more trickles down this time around. The suffering Reaganomics caused was a huge rise in income inequalities and neglected U.S. infrastructure projects. Americans want what’s best for our country at this time, not 1919 times— current times.

It is really fun watching billionaires fight! Everything Democrats accuse Trump of is exactly what they are doing. It’s manufactured crisis; they should know. Ask Tim Kaine about missions in Honduras. Was he down there handing out backpacks full of food and supplies or was he handing out AKs and money? It is all more nation building by Democrats. It doesn’t matter if it is Clinton in Haiti, Libya and Egypt or John Kerry in the Ukraine. They know exactly who manufactured the crisis. They even have to manufacture racism.

It is time to stop the identity politics crap— we’re all Americans first. It’s time to stop the fear mongering and the hate. The truth always prevails sooner than later and people’s true colors of racism start to shine. We know that all rumors cause suffering and it pays to be kind. It is time to start to create! America requires compromising solutions. It’s time to get to work!