A Question of Consumers

"But the conservatives had their revenge. What the Republicans under Reagan did was to suddenly announce that government was bad, and the less you had of it, the better. Reagan undid a whole, vast field of regulations on security marketing, resurrecting the doctrine of Mellon and the 1920s Republicans, that the market was self -regulating, that businessmen were too sensible to be subject to greed. Reagan even brought back to life Mellon’s tax cuts for the rich." Richard Sale

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