Lesson: Those who ignore history are condemned to repeat it.
Example: In 2000, the chosen successor of a popular, two-term Democratic president won the popular vote but lost the presidency to an incoherent, wealthy Republican with a famous last name who bankrupted a few businesses before going into politics. He enacted massive tax cuts that the country couldn’t pay for, installed a series of unqualified friends, loyalists and retreads from previous administrations into high government positions and refused to regulate Wall Street, all of which led to the near total collapse of the national economy and a recession that the nation has not fully recovered from.
Sixteen years later, the chosen successor of a popular, two-term Democratic president won the popular vote but lost the presidency to an incoherent, wealthy Republican with a famous last name who bankrupted a few businesses before going into politics. He wants to enact massive tax cuts that the country can’t pay for, is currently installing a series of unqualified friends, loyalists and retreads from previous administrations into high government positions and has made deregulating Wall Street one of his top priorities.
Well done, America.
Chad Crosskill, Lisbon
Send questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.