Ronald Reagan – We who live in free market societies believe that growth, prosperity, and human fulfillment are created from the bottom up, not the government down.

My first voting experience was in the 1984 election, when I voted for Reagan. At that time, the United States was emerging from a challenging period in the late 1970s, marked by diminished national pride, economic difficulties, and weakened global standing. Reagan’s leadership brought a renewed sense of hope.

One benefit of youth, education, and experience is the ability to reevaluate your choices and beliefs. If you remain attentive and open-minded, your views can and often should evolve. While Reagan accomplished positive things and restored national pride, his primary message was one of hope and change. This quote falls far short of the facts or of delivering as promised.

Returning to the quote, the economic theory behind it appears logical: provide tax breaks, create a business-friendly environment, and encourage growth to benefit the middle class. However, with nearly fifty years of hindsight, it is clear that these pro-business policies have not delivered widespread prosperity. While I would not say Reagan was ineffective, he served a purpose, and conditions improved compared to the previous decade. The long-term effects have included a shrinking middle class, minimal corporate tax contributions, and the expansion of the military-industrial complex at the expense of everyday workers. Although the United States remains one of the closest examples of a free market, the promise underlying this approach has not been fulfilled.

Author: kwholley63

I spent 40 years in FinTech before retiring to Rio de Janeiro to trade software releases for a front-row seat to the beautiful absurdity of life in Brazil. This blog is my digital porch, a place for unpolished commentary on book reviews, daily gripes, and the random thoughts of a guy who finally has the time to pay attention. I’m an observant realist with a deep appreciation for history, a good quote, and the perspective that only comes after the career ends. I write to stay sharp, to stay honest, and to keep the conversation going. I love my Patriots and Bruins, a life long fan in bad times and good. They have been quite good for a long time now! I love spending time with my wife the best times are just doing nothing; watching tv, talking or just sitting at the beach together for a few hours. Our spot is pier 60 in Clearwater. I love the time I have with my kids when I can, they are all pretty busy. Seinfeld is about the best comedy ever. You will see me frequently comment on the show and why my blog is about nothing.