The problem is not just reaganomics, it is a variety of issues that lead into the economy going to shit.
1: Wage suppression.
This happened across the board, wether for minimum wage, or for middle class Americans.
2: Reaganomics.
The idea that giving tax cuts to the wealthy, or to anyone, instead of having taxes proportional to your standing financially, is good for the economy and that the money will trickle down.
3: improper, or lack of, education on how to manage money.
Self explanatory.
And many other things that have led to the economy going to shit and America being put deeper into debt.
It isn't just those evil commies. Nor is it just Reagan worshipping rednecks.
English
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Bingo.
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[quote]Bingo.[/quote]