Democrats and Regan Responsible for US Economic Decline

Democrats instead of increasing long term capital gains benefits abolished them and Ronald Regan failed to stop it. The result was that in short order financial manipulators were made heads of US corporations instead of people with an interest in production and long term development. These people used market derivatives to manipulate the short term bottom line. Foreigners but not American corporate interests have taken an interest in US research and over a period of time this has affected US productivity and competitive position significantly. What has kept the US stock markets up has been mainly even poorer policies in the so-called developed world which has depressed productivity elsewhere even more, with notable and surprising exceptions, such as Ireland.