"I think we’ve hit the jackpot"

The first neoliberal U.S. president:

Ronald Reagan’s advisors easily convinced him that if he would deregulate the thrift industry, a gigantic bonanza of growth and investment was sure to follow. He signed the deregulation bill in 1982, grinning in pure capitalist class warfare-ese: “All in all, I think we’ve hit the jackpot.” The best reckoning of the costs of that laissez-faire bomb is a trillion dollars.

From:

Conason, Joe. 2004. “Reagan without Sentimentality.” Salon.com, June 8. http://dir.salon.com/story/opinion/conason/2004/06/08/reagan/index.html.

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