Rerun Reaganism

History gives us an insight on, how long a recovery might take. Since World War II of the U.S economy has had only one increase in the employment-population ratio of five percentage points in a single decade: the recovery Ronald Reagan's fueled with his 1983 tax cuts.
The employment-population ratio recovered less than two years after hitting bottom, during the mid 80's. This generated a momentum that continued through the rest of the 80's, due to 1986 tax reform that reduced the top marginal income tax rate to 28%, this allowed America to employ the millions of women, baby boomers, and immigrants who were actively looking for jobs. At the end of the boom in 1990, the employment ratio increased from 57% to 63%.
An administration which pursues job creation — not ideology — would note this record and see how companies and individuals create wealth and jobs if they have the right incentives. Instead, the current Administration has policies that are muddied with ignorance and have bought into the notion that recovery can only happen with higher taxes and greater regulatory burdens. This is causing consumers to restrain spending, and business to cut back production, reduce costs (i.e. lay off workers, middle managers, rely on part time workers, shift the cost of benefits onto the employees as well as cutting back the number of benefits) creating such a drag on the economy that even the government cannot reverse, even through the use of stimuli, that really shift the burden of the recovery onto the taxpayers who are making less and paying more to support proven the failure of socialist and communist regimes.
We have no time to waste. Rather than talk down Reaganism, the Politicians in Washington should heed its lessons and unleash the American Economy with a hands off approach that alone can put us back on track and prevent us from repeating the past of Carter or worse prevent us from reliving the great depression. Ronald Reagan while campaigning for office said "A recession is when your neighbor loses his job. A depression is when you lose yours. And recovery is when Jimmy Carter loses his." it is time to edit this to "A recession is when your neighbor loses his job. A depression is when you lose yours. And recovery is when Barack Obama, Nancy Pelosi, and Harry Reid lose theirs"