And there in lays the problem. When he talks about freedom fueling the economy, he is talking about the freedom he exercised when he raided people's pension fund and made the government pension insurance make up the difference. It was like free money to him.
There have been NO tax cuts since Reagan was elected. There have been tax deferments with interest. It is the Republicans who pass out the most candy, and they pass it out to those who have more than anyone could possible eat in a lifetime after taking it from those who get up at 5 in the morning to do menial work.
The Bain model: 1. Identify solid cos with strong b/s and overfunded pension plans 2. Raid them with debt funded cash 3. Put the debt on target's b/s using callable securities with huge interest 4. Vote mammoth fees for Bain and "special" dividends 5. Call the debt and vote for BK 6. Use pension cash first to repay
So it is a simple game of stealing ... the American way ... "freedom" ...