Indifference to economics does not explain the prominence of Phil Gramm in the McCain campaign during the U.S. financial crisis. Indifference to the folks losing their homes is a more plausible explanation.
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Disaster has struck and some useful lessons may be learned, lessons we learned in the 1930s, and then rejected in the 1980s and 1990s, as too restrictive -- as "socialist" and anti-American.
The substance of any proposed economic reforms is less important, frankly, than McCain demonstrating that he can, in fact, understand the economy and discuss it in some depth.
Ronald Reagan's tax policy has been a disaster. The middle class earns less and pays more taxes for less service. The wealthy earn more and pay less. There is no trickle down.
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