The global financial crisis has, in effect, ended McCain's hero ( Reagan) dogma of deregulation and regressive tax cut. The very concept of America's hyper-Capitalist " Free Market " is in shamble. The absurd axiom illustrating Reagan's economic was: " The Market is rational and the government is dumb". If elected, Obama needs to be a new FDR.
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Saturday, October 25, 2008
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