Ronald Reagan was a transformative president because when he came into office the feet of the country had been dug deep into a far higher level of social spending than we have today in 2012. FDR had invented the modern American Pact of higher taxation on the rich and greater social spending and his predecessors from both parties tried not to change that over four decades. But Reagan did change that and so he was transformative. Even an FDR/Huey Long Liberal like myself can see that the system had become bloated and calcified. Still I wish we hadn't burned it half to the ground. And we did. Our entire Public Mental Health Hospital System was dissolved, into thin air. And do you know where most of those patients went to...thin air...the hidden alleys and basements and street grates of our nation. Pitiful. Our social compact, of working person to corporate tycoon has dissolved.
No president since Reagan has been transformative. The tech' boom of the Clinton years was not of his making, but some very poorly written trade agreements which agreed with the Republican economic doctrine were approved by President Clinton. Not transformative.
But President Obama has become a transformative president by finally bringing back to life the Social Compact initiated by FDR. This time we can do it better because we're wiser, just as we avoided most of the worst pitfalls of the Great Depression this time, by saving our financial sector, as vomitous an experience as it was. We learned from it and we are moving forward with a modern socially conscious agenda.
We are and will probably always be the best version of pure democracy and capitalism on earth. And to my conservative friends. Does anybody doubt our president is the best of all the world leaders? Made in America. You just can't beat it!
February 21, 2012
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