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Saturday, July 17, 2010

Ronald Reagan's Legacy

Ronald Reagan's Legacy:

Widening the gap between rich and poor

Deficit ballooned to three times what it was when he took
office

The savings and loan crisis, the precursor of today’s financial
meltdown, came about as a result of Reagan’s anti-regulatory
approach

The gutting of funds for environmental protection

And massive cuts to Carter-era renewable-energy programs
which in my mind is his worst legacy given the fact that
China now leads the world in revewable energy research and
development

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