Hamilton to Reagan – What now?
Published on Wednesday, December 17, 2008 by CommonDreams.org
Alexander Hamilton’s Advice To The Obama Administration
This is what we need to get back to. This also circumvents the socialism issue, about which no one here seems to have a clue.
Alexander Hamilton, in 1791, proposed to the United States our first true industrial policy. We adopted it over the next few years, Abraham Lincoln reaffirmed it fourscore years later, and it was again affirmed by every President of the United States until Reagan began his now-28-year “Reagan Revolution” which has disassembled America’s industrial base and impoverished our nation. For over 200 years, Hamilton’s policy made America the most powerful industrial nation in the world; now – after just 28 years of Reagonomics and Clinton/Rubinomics – we are the largest importer of other people’s industry, and the most indebted nation in the world.
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