America's Reaganomics caused suffering

Part I

Back in January of 1981, when the world population was around 3.5 billion, we inaugurated Ronald Reagan as our president. Corporate taxes were around 70 percent, and President Reagan thought it was a good idea to cut those taxes in half. Business in the 80s was good, until the North American Trade Agreement (NAFTA) came around in the 90s.

When Reagan took office, the U.S. had only three...