The Myth, The Lie, and the Injustice of Socialism: Part 11 - The Reagan Remedy
In 1980, Ronald Reagan defeated both Democrat Jimmy Carter and Independent John Anderson to become the 40th president of the United States.
In his inaugural address, he said, "These United States are confronted with an Economic Affliction of great proportions. We suffer from the longest, and one of the worst inflations in National History."
Reagan could see the ills of America, and he knew he had the remedy: Conservatism, and a thriving, free market economy!
Reagan came into office a crusader against big government, a staunch anti-communist, and a believer in both the great American work ethic and in free market capital.
Basically, he stood for everything that Socialism is not.
Reagan soon became the most powerful political conservative figure, as well as the most influential to this point in history.
"Idle industry has cast workers into unemployment, human misery, and personal indignity. Those who do work are denied a fair return for their labor by a tax system which penalizes successful achievement, and keeps us from maintaining full productivity… The economic ills we suffer have come upon us over several decades. They will not go away in days, weeks, or months, but they will go away. They will go away because we as Americans have the capacity now, as we've had in the past, to do whatever needs to be done to preserve this last and greatest bastion of freedom. In this present case, the government is not the solution to our problems - The government is the problem." - Ronald Reagan. Jan 20th, 1981.
The 40th POTUS went to work on Day 1.
He championed a massive tax cut, and relaxed the government overburden on both business and industry.
This created a profit motive that energized the great American work ethic, and led to the greatest free workforce the world has ever known.
The Reagan Remedy also extended to deal with the Soviets, and the 'Domino Effect' of Communism.
This is where President Reagan's brilliance really shined…
Since WWII, the US had employed a failed strategy of containment - The half-hearted proxy wars did little or nothing to contain the spread of Communism.
As a result, millions of Korean, Vietnamese, and American lives were shattered because of it.
Communism was on the march again all over the globe in places like Cambodia, Panama, Nicaragua, and Zimbabwe.
Emboldened by its growing military might, the USSR launched an outright attack on Afghanistan.
President Reagan had the medicine for the disease of Communism, as well: Free Market Capitalism.
The President could see that the USSR was overextending, and after an initial surge of military manufacturing and of raping the resources of its Union, the means of production did not meet the needs of demand.
At this time, the US was sitting on the largest economy in the world, and it was thriving. Reagan upped the ante in support to allies - Not only the 'Arms' race, but in the 'Space' race, as well.
The biggest obstacle to Socialism is Free Market Capitalism.
The Union of Soviet Socialist Republic could not keep up economically.
They could not compete with the American market and the Great American Work Ethic.
President Ronald Reagan used this leverage in the art of a deal to negotiate with Soviet leader Mikhail Gorbachev, who then subsequently signed nuclear reduction treaties, initiated 'Glasnost' political openness, and 'Perestroika' economic restructuring.
This, in effect, brought down the Evil Empire, and ended the Cold War.
President Reagan is an American Hero - An Icon and a Legend who not only contained Communism, but defeated it with the will to win!
Stand Up, America