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The Russians Are Coming, The Russians Are Coming!
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<blockquote data-quote="rickyb" data-source="post: 5243046" data-attributes="member: 56035"><p>"After the Second World War, business was terrified about the radicalization of the country during the Depression and then the war, and it started right off—Taft-Hartley was 1947—huge propaganda campaigns to demonize unions. It really—and it continued until you get to the Reagan administration.</p><p></p><p>Reagan was extreme. Beginning of his administration, one of the first things was to call in scabs—hadn’t been done for a long time, and it’s illegal in most countries—in the air controller strike. Reagan essentially—by “Reagan,” I mean his administration; I don’t know what he knew—but they basically told the business world that they’re not going to apply the labor laws. So, that means you can break unions any way you like. And in fact, the number of firing of union organizers, illegal firing, I think probably tripled during the Reagan years........</p><p></p><p>NOAM CHOMSKY: This deification of Reagan is extremely interesting and a very—it’s scandalous, but it tells a lot about the country. I mean, when Reagan left office, he was the most unpopular living president, apart from Nixon, even below Carter. If you look at his years in office, he was not particularly popular. He was more or less average. He severely harmed the American economy. When he came into office, the United States was the world’s leading creditor. By the time he left, it was the world’s leading debtor. He was fiscally totally irresponsible—wild spending, no fiscal responsibility. Government actually grew during the Reagan years.</p><p></p><p>He was also a passionate opponent of the free market. I mean, the way he’s being presented is astonishing. He was the most protectionist president in post-war American history. He essentially virtually doubled protective barriers to try to preserve incompetent U.S. management, which was being driven out by superior Japanese production.</p><p></p><p>During his years, we had the first major fiscal crises. During the ’50s, ’60s and ’70s, the New Deal regulations were still in effect, and that prevented financial crises. The financialization of the economy began to take off in the ’70s, but with the deregulation, of course you start getting crises. Reagan left office with the biggest financial crisis since the Depression: the home savings and loan."</p><p></p><p>[URL unfurl="true"]https://chomsky.info/20110217/[/URL]</p></blockquote><p></p>
[QUOTE="rickyb, post: 5243046, member: 56035"] "After the Second World War, business was terrified about the radicalization of the country during the Depression and then the war, and it started right off—Taft-Hartley was 1947—huge propaganda campaigns to demonize unions. It really—and it continued until you get to the Reagan administration. Reagan was extreme. Beginning of his administration, one of the first things was to call in scabs—hadn’t been done for a long time, and it’s illegal in most countries—in the air controller strike. Reagan essentially—by “Reagan,” I mean his administration; I don’t know what he knew—but they basically told the business world that they’re not going to apply the labor laws. So, that means you can break unions any way you like. And in fact, the number of firing of union organizers, illegal firing, I think probably tripled during the Reagan years........ NOAM CHOMSKY: This deification of Reagan is extremely interesting and a very—it’s scandalous, but it tells a lot about the country. I mean, when Reagan left office, he was the most unpopular living president, apart from Nixon, even below Carter. If you look at his years in office, he was not particularly popular. He was more or less average. He severely harmed the American economy. When he came into office, the United States was the world’s leading creditor. By the time he left, it was the world’s leading debtor. He was fiscally totally irresponsible—wild spending, no fiscal responsibility. Government actually grew during the Reagan years. He was also a passionate opponent of the free market. I mean, the way he’s being presented is astonishing. He was the most protectionist president in post-war American history. He essentially virtually doubled protective barriers to try to preserve incompetent U.S. management, which was being driven out by superior Japanese production. During his years, we had the first major fiscal crises. During the ’50s, ’60s and ’70s, the New Deal regulations were still in effect, and that prevented financial crises. The financialization of the economy began to take off in the ’70s, but with the deregulation, of course you start getting crises. Reagan left office with the biggest financial crisis since the Depression: the home savings and loan." [URL unfurl="true"]https://chomsky.info/20110217/[/URL] [/QUOTE]
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