A big part of Ronald Reagan’s ‘deregulation’ was letting third rate business people make lots of money. Toy companies could run half hour ads for products like Pokemon and Transformers. Federally insured S&Ls could make unlimited loans.
When you look at things being awful, it almost always comes back to Reagan.
Here’s something that gets overlooked.
A big part of Ronald Reagan’s ‘deregulation’ was letting third rate business people make lots of money. Toy companies could run half hour ads for products like Pokemon and Transformers. Federally insured S&Ls could make unlimited loans.
When you look at things being awful, it almost always comes back to Reagan.