Some More News - Some More News: Everything Bad Is Ronald Reagan's Fault
Episode Date: July 10, 2024Hi. Today we're looking at America's 40th president – Teflon Ron, 'ol Dutchy, the Gipper himself – Ronald Reagan, and how nearly everything bad in the U.S. today can be traced back to something he... did and/or said. SOURCES: https://docs.google.com/document/d/1Dqlq2cLTYnNaq6sRnvAgf7SQznDQwdngnLi0yNZFlX0/edit?usp=sharing Give Trade a try and see how you can make better coffee at home. Right now, they’re offering 30% off your first order when you visit drinktrade.com/MORENEWS and subscribe. Babbel’s quick 10-minute lessons are hand-crafted by over 200 language experts to help you start speaking a new language in as little as 3 weeks. Here's a special, limited-time deal for our viewers. Right now get up to 60% off your Babbel subscription at https://babbel.com/MORENEWS. Head to Factormeals.com/morenews50 and use code morenews50 to get 50% off your first box plus 20% off your next month. That’s code morenews50 at Factormeals.com/morenews50 to get 50% off your first box plus 20% off your next month while your subscription is active! Sign up for a one-dollar-per-month trial period at shopify.com/morenews, ALL LOWERCASE. Go to shopify.com/morenews to take your retail business to the next level today. shopify.com/morenews. We’ve worked out a special offer for our audience! Receive 15% off your first order. Go to tryarmra.com/MORENEWS or enter MORENEWS to get 15% off your first order. That’s tryarmra.com/MORENEWS. Check out our MERCH STORE: https://shop.somemorenews.com SUBSCRIBE to SOME MORE NEWS:
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Previously on Some More News.
King, the time is near.
Corn cream's coming down.
Big corn cream day in the studio.
What I mean is that there's literally corn cream gooping down the walls, filling the walls, gooping me up.
And hey, speaking of trickling down,
here's some goop news.
The Republican National Convention is trickling down
the leg of America next week to collect in a pool
in Milwaukee and splashing around in the middle of it
once again for some reason is Donald John Obius Trump,
the wettest trickle of them all.
While his unique brand of hooting populism
has shown diminishing returns in the last several elections,
the son-kissed piss gnome,
everyone's favorite son-kissed piss mascot,
will no doubt clinch the Republican nomination for president,
despite the fact that he was recently convicted
of 34 felonies in the state of New York.
And here is some not at all
news. Since Trump's first and so far, only political victory,
the Republican Party has seemingly shifted more and more
to the right. Some might say, disturbingly so. And in that
process, policies that made people support the Democratic
Party in the first place are also getting left behind.
Stuff like social programs and education and laws that forbid children from being consumed
by meatpacking machinery before their 17th birthday.
Democrats are like Chet Hanks DJing a birthday party at Chuck E. Cheese.
Nobody's getting anything they want, and everybody is very upset.
Even Big Main.
After all, deregulation is one of the Republican Party's favorite
songs and they play it every chance they get. One recent example is when the Trump administration
waged a noble war against environmental protections, rolling back over 100 regulations during his
first term, while claiming, as they always do, that regulations hurt business, and business, we all agree,
is the most important thing.
And you know, this whole thing feels very familiar, actually.
And not just in 2016 or 2020 or an evil prophecy way.
The Republican Party has completely reshaped itself around a populist media star candidate
before in order to retake power
after a string of democratic victories.
To get Carter, if you will, but the Stallone version.
A racist celebrity who is aggressively anti-union,
who botched the response to a national public health crisis
and who ballooned the national debt,
despite claiming it was a major problem
and using it against his opponents.
And when this candidate won the presidency,
it threw the Democratic Party into a terminal panic
that has been slowly playing out ever since.
All of this has happened before.
Spooky!
Silence!
In fact, everything we're experiencing right now,
from the extreme wage gap to the rise of neoliberalism
to the string of disappointing ass presidents can be gap to the rise of neoliberalism to the string
of disappointing ass presidents, can be laid at the feet of one man, either directly or
as a progression of his policies.
Deja vu for you and Marty McFly too, the man who Ronald so Trump could Donald, Ronald Reagan.
Ronald Reagan, the actor?
Yep, the him.
Ronald actor. It's time for a Reagan episode.
Dare I say the Reagan episode.
The curse of Ronald Reagan.
Now I know what you're thinking, because my mind thirsts.
You're thinking, duh, Cody,
everybody knows Ronald Reagan ruined everything.
And then you turn your hat around backwards,
no need, it already was,
and you skateboard away because you're so fucking cool.
For people under the age of 40,
Reagan is more like a mascot than an actual person.
We know what he represents,
and it's fun to throw stuff at him. But like, how much stuff did he ruin
and what stuff specifically?
And while it may be obvious to all you showties
that he sucked harder than Colossus' fleshlight,
Reagan is generally popular.
He's still remembered fondly by a lot of people
and not just far right goofballs.
In fact, there is a Reagan movie coming out this year
just in time for the election,
with Dennis Quaid playing the lead role.
And it is, by all accounts, embarrassingly driven
by the same reverence you'd normally reserve
for Abraham Lincoln saving a flaming truck
full of blind puppies. Bluppies.
Ronnie, remember when we met,
you told me that you wanted to make a difference
in this world.
You know what you have to do.
Governor Reagan again, typically, is against such a proposal.
There you go again.
But he was not afraid to take us on.
There's nothing a retired governor can do about the Soviets, but a president.
Now he can do a thing or two.
That's right, folks.
From the director of Orphan Horse and the writer of God's Not Dead, A Light in Darkness
comes a totally objective and not at all propaganda look
at Reagan's legacy.
Get your tickets today.
Fun fact, that movie was announced in 2010,
as in 14 years ago, and has been in production hell
on account of nobody wanting to finance a film about Reagan.
And that's probably because this film,
as well as the perceived accomplishments of Reagan,
were nostalgic more than they were factual.
While he typically scored well on questions
about his character and likeability,
Reagan's approval rating hovered around 53%,
which is pretty mid-tier.
If that was his kill death ratio,
you'd wait to see who else was on
before inviting him to your fire team in Call of Duty,
a video game that featured Ronald Reagan.
Ronald Reagan, the actor?
Yep, that one.
Don't get me wrong, Reagan was very popular
when he was president.
His time in office began with a landslide win in 1980.
Dude won 44 states.
That is a devastating victory.
Although the popular vote was somewhat narrower,
securing 51% of the vote to Jimmy Carter's 41%,
which is still a lot.
Reagan would go on to win re-election
with 59% of the popular vote
and an even more devastating 49 states.
So while his approval rating wasn't very high,
Americans still overwhelmingly chose him
to lead the country.
I guess that either speaks to how unpopular
his opponents were or how strong his election game was,
or maybe some other factor involving a genie wish.
And while his approval rating was low,
it has actually increased in retrospective polls
in the decade since he left office,
jumping up a full 20 points to 73% in 2002,
just two years before his death,
which I had nothing to do with.
The point is, there is a myth of Ronald Reagan
that has been gradually glorified
more and more over the years,
partially by people conflating their memories
of Reagan's folksy charm
with his performance in the White House,
but also by those seeking to justify
the continuation of his policies
and to push a return
to the politics of the era.
Put another way, the GOP has been chasing
the Reagan administration since the man shuffled
out of office in 1989, and it's in their best interest
for us to remember it fondly.
And so today's episode is about dispelling the myth
and in turn pointing out just how many things
that Ronald Reagan screwed up for this country.
So many things.
Look at the runtime of this episode.
It's all about these things.
So tuck that little nog of info away in your backwards hat
and let it trickle down into your brain.
Trickle down like Reaganomics.
We've been talking about him the whole time.
And hey, no better place to start than his big quotes,
best accomplishment.
Reaganomics was a failure.
So the majority of Reagan's policies align
with a political philosophy called neoliberalism,
a broad term that essentially refers to a reactionary shift from New Deal liberalism.
Whereas New Deal liberalism believes the government should be heavily involved in business regulation,
public goods, and social programs, neoliberalism is the view that the government should provide
minimal programs and services and let the free market regulate itself. If you're thinking, that just sounds like a Republican,
you're right.
And Reagan's signature policy, the bell of the ball,
the nitro to whatever the rest of the American gladiators
were called, was Reaganomics.
Also known as supply side economics,
this is basically the Santa Claus of the Republican Party,
a fairy tale they invented to disguise
who is actually paying for everything year after year.
The concept has a few other nicknames, including trickle-down economics and voodoo economics.
And that last one should give you an idea of how much magical thinking is required to have it make any kind of sense.
So, here's a visual aid.
Whoa whoa whoa, Cody! Don't you dare, don't you dare introduce another puppet.
Hey, I'll stop making puppets
when you clean out all this corn cream.
It's in the walls, Katie.
I have no clue what you're talking about,
but this is the last puppet.
I'm sick of puppets.
Show you who's a puppet.
I'm a puppet.
Anyway, when former actor and California governor,
Ronald Reagan took the reins as the 40th president
of the United States of America
and ruler of all its mighty cowboys,
Voodoo Economics was one of his signature platforms.
So it felt appropriately spicy to use a little Voodoo Reagan
to keep a tally of just how many truly evil things he did
while in office and how problems in 2024 can be forwarded
to his inbox in Valhalla or whichever Plane of Torment
you believe in.
That one's just for me, you don't have to worry about it.
He knows what he did.
Anyway, time to opie those lobbies, showedies,
because we're gonna talk about economic theories.
Ha ha, all right, let's get another one in there.
Yeah.
When Reagan took office in 1981,
he inherited a struggling economy
and a high unemployment rate,
which peaked around 11% by 1982,
Reagan's second year in office.
The 70s may have seen the release
of a lot of awesome movies like Star Wars,
The Godfather, Jaws, and hopefully one day,
The Godfather Jaws Wars.
I've been leaving that script all over town
and people like it, it's good.
You think it's, they're nodding in my head,
so check it out.
But otherwise, it was kind of a tough decade for Americans.
The gas shortage and subsequent rationing
was just one of many issues.
Inflation and interest rates were high
and there was an increasing budget deficit
in the federal government.
Reagan's proposed solution was supply-side economics,
a controversial economic theory,
which argues that tax cuts
will encourage economic expansion,
thereby broadening the amount of taxable things over time,
basically taking less money individually,
but from a pool that is gradually getting larger.
The entire principle hinges on the idea
that giving these super wealthy, generous tax cuts
will incentivize them to spend more of their money
rather than save it, thus leading to more jobs,
more revenue, a robust clown harvest, and so on.
Reagan specifically pushed the Laffer curve,
an unproven theory developed
by University of Chicago economist, Arthur Laffer,
which suggests that lowering taxes at certain levels
will somehow increase tax revenue overall.
If that concept seems to defy how math works,
allow me to stress the word unproven,
because even though this has been the guiding principle of Republican
economic policy ever since Reagan ripped his first jellybean fart in the Oval
Office, we've never seen any evidence that it's true or will actually work in
practice, which is strange.
The Laffer curve was apparently first drawn on a cocktail napkin for Dick
Cheney and Donald Rumsfeld.
So you'd think the theory would be airtight.
That story probably isn't true,
but it's the version they tell everyone,
which kind of feels like a prank.
Incidentally, Laffer served as an advisor for Reagan,
helped Donald Trump draft the Tax Cuts and Jobs Act in 2017,
and was awarded the Presidential Medal of Freedom
for his efforts.
In other words, we are still under the thumb of Reaganomics
and the Laffer curve, despite 40 years of evidence
that it's total bullshit.
Ha ha.
Oh, and to be clear, they know it's bullshit.
They just hope we'll believe it.
You see what I mean?
Santa Claus.
The thinking at the time was that significant cuts
in government spending would make up
for the revenue lost by tax cuts,
or at least that's how Reaganomics was sold to voters.
I know the tax portion of our package
is of concern to some of you,
but let me make a few points
that I feel have been overlooked.
First of all, it should be looked at as an integral part of the entire package, not something
separate and apart from the budget reductions, the regulatory relief, and the monetary restraints.
Probably the most common misconception is that we are proposing to reduce government
revenues to less
than what the government has been receiving.
This is not true.
Actually, the discussion has to do
with how much of a tax increase should be imposed
on the taxpayer in 1982.
As you see, he didn't even frame it as tax cuts at the time,
but rather preventing a tax increase.
And that the cuts in government spending
were interwoven into this plan,
as in they were crucial to making it work properly.
The problem is those cuts in government spending
never materialized because of course they didn't.
This is America in the 80s under Ronald Reagan.
Ronald Reagan, the actor?
Okay, let's settle down.
So yeah, the government wasn't about to spend less money.
They just weren't going to spend any of it
on social programs.
For example, military spending under Reagan
went from $143 billion in 1980
to $280 billion in just his first term,
and he kept spending.
By 1985, Reagan was pushing another boost
for over $300 billion, and he was only getting started.
For the full duration of his presidency,
the Department of Defense would have an average budget
of $523 billion, which after 9-11 would be considered cute.
But when you look at our defense spending over time,
adjusted for inflation, you see this hilarious mountain
right in the center of his two terms.
You can even see how it matches modern spending
when accounting for the war in Iraq.
How the hell was that responsible?
Anyway, the point is that our fiscally responsible Reagan
sure loved to spend a lot of money.
And ultimately, government spending actually increased
from $746 billion to $1.1 trillion
in the eight years Reagan was in office.
Reagan and Congress had to pass several tax increases
over the following years just to pay for the cuts.
Heck, the next two presidents had to pass
significant tax increases to cover it.
But because they weren't changes in income tax
and instead focused on subsidiary taxes like excise and payroll, had to pass significant tax increases to cover it. But because they weren't changes in income tax
and instead focused on subsidiary taxes
like excise and payroll,
those increases didn't get nearly as much attention
and aren't as well known.
Now, according to former Reagan economic advisors,
Reaganomics was successful in reducing inflation
and lowering unemployment.
Reagan supporters usually point
to these broad economic factors as a positive legacy
and proof that Reaganomics works.
However, Reagan had to raise taxes five times
over the duration of his presidency
and government revenue fell by 9% for the next few years,
which is the exact opposite
of what he insisted would happen.
Who could have predicted that collecting less money
would lead to less revenue?
The plan also fell short of Reagan's initial promises
to abolish entire federal agencies
and made no substantial reforms
to social security and Medicare.
In other words, it accomplished none of its stated goals,
which means it, what's the word?
What's the word?
Failed.
It failed.
Absolutely didn't work at all.
A total pigeon screw stepped on a rake,
screwed the pooch, got the wrong end of the stick,
the wrong end of the rake you stepped on
and screwed the pooch with that stuck that rake in.
Ronald Reagan, the actor?
I said rake in, rake in, not Reagan.
Come on, get it together.
Anyway, so in the end,
the Federal Reserve's decision to dramatically reduce
sky high interest rates nearing 20% was a much bigger factor
in turning the economy around in the 1980s,
along with considerable government spending
on things like defense and highways.
The tax cuts don't appear to have done much more
than cost a whole lot of people a whole lot of money.
And mind you, at this point,
we have 40 years of data on this.
Reagan's policies widened the racial wealth gap
because the tax cuts overwhelmingly benefited
white Americans who earned salaries and owned stock.
Most black and Hispanic Americans, on the other hand,
felt very little relief.
Meanwhile, the federal deficit increased from 2.5% to 5%
of GDP and trickled down economics kicked off decades
of complete stagnation for the rest of America.
In fact, middle-class Americans in the 41st
to 60th percentile of earnings would see an almost comical
gain of just $32 per year for the next three decades,
while the top 20% saw their wealth soar,
especially those lucky one percenters.
Because as it turns out,
drum roll.
When you cut taxes for the rich,
they just sit on that money or buy themselves yachts
and jets.
That pool of taxable money never got larger,
it just got deeper.
And as we began to see in the 1980s,
these rich dips would start using all that extra cash
to create think tanks and influence politicians
to push whatever bonkers worldview
their unchecked wealth creates.
And wouldn't you know it?
One thing they continuously push for and receive,
tax breaks for the wealthy.
So Voodoo economics created an endless stream
of wealth and influence for the top 1% of Americans.
Really, really cool.
Boop.
For instance, recurring some more news characters
and probable escaped mummies, the Koch brothers
first started gaining major influence during the Reagan era,
allowing them to establish their spidery grip
on American politics.
What?
Pass that on to David, Ron.
Because he's dead, you see.
Yeah, they got it.
There's no need to joke, explain screen words,
unless I said it weird, but either way you get it now.
The bottom line is the American economic boom
post-World War II saw productivity and wages
grow hand in hand for decades, right up until 1979,
the year Smashing Pumpkins was born.
But starting in 1980, productivity continued to grow
while wages remained stagnant.
Shockingly, all those tax cuts didn't ever manage
to trickle down to anyone with fewer than two addresses.
When Reagan took office, the federal minimum wage
was $3.35.
Today, 40 fucking years later, it's $7.25,
which isn't enough to afford a one bedroom apartment
in 93% of all the counties in the United States.
That's an increase of $1 per decade or 10 cents a year.
Meanwhile, prices have steadily increased
by a minimum of two to 3% per year.
And while some states have raised their minimum wages
to as high as $17, that still means those workers
are spending more than half of their income on rent.
The only reason $17 an hour is above the poverty line
is because the government gets to determine
what that line is.
And so all of this, all of it began with Reagan
insisting on an economic plan that made everything worse.
But Reagan's policies didn't just hamstring wages
for the middle and working class,
his administration also invented a fun new way
to keep virtually every American trapped in debt
for their entire lives.
Ooh, a little tease for our next segment.
But first let's get into some showdynomics,
by which I mean ads.
Katie. Katie.
Yes, my lover?
The time has- what? Did you say lover?
Oh, are we not...
Sorry, I misunderstood the vibes.
We'll talk about this later.
Katie!
Katie!
The time has come.
I am here.
Understood, my boyfriend.
I will prepare for your arrival.
Our time is now.
Now.
Sup!
It's Katie!
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So they said it the same way I did just now.
Katie. Katie. Katie. Katie. Katie. Katie.
Okay, hi, I am here.
What's got your face all twitchy today, newsboy?
Ooh, are there new baby blocks to play with in your baby block game?
You absolutely know it's called Minecraft.
They're making a movie.
Yeah, there are new blocks.
Copper and tough variants.
Okay, fine, but do you have a real problem
or is this something that can wait
until I never have to hear about it?
You know, I put up with a lot.
Between you and this room full of corn
and that sock who's also my boss and somehow also my hand.
I shouldn't know that.
That is cursed knowledge.
Really hoping there's a point
hidden in all this sad ranting.
The point is, get rid of the corn cream.
I can't even walk around anymore.
I can't leave.
I've got glass in my feet.
I've been making toilet in a corner,
I think used to be the copy machine,
but it's all corn cream now.
All is corn cream.
You wanna get rid of the corn cream?
Well, then you need to sell it, egg boy.
Either that or just wait
for the natural life cycle
to complete.
What natural life cycle?
What fucking natural life cycle?
Katie!
Well, welcome back, I guess, while I wait to die.
We should keep talking about Ronald Reagan.
Ronald Reagan, the actor?
Yeah, doc, yes, doc, yes Reagan, the actor? Yeah, doc.
Yes, doc.
Yes, yes, yes, yes, yes, doc.
I got enough going on right now.
I don't need you piping in too.
So we just feasted on the main course that is Reaganomics.
Now it's time for a series of desserts.
So many in fact, that it'll make us all sick
because while trickle-down economics
was absolutely the thing Reagan was most known for,
it certainly wasn't the only thing his presidency screwed up in this country.
In fact, one of the most insidious things he did happens to be something we're all still feeling today.
Right now, you most likely are struggling with this.
And that thing is student freaking loans.
Do that actually, and I'm just gonna cap.
There we go, we got that.
One more!
Reagan created the student loan crisis.
Yep, he did that.
Public education was another big target
of Reagan's deregulatory regime.
He already had a long history
of vilifying public universities and its students
and faculty during his time as governor of California.
He had particular ire for UC Berkeley,
a public university that had become an organizational center
of anti-war activism
against America's involvement in Vietnam.
Once he was governor,
Reagan exerted considerable pressure
to get UC Berkeley's president fired,
whom he long suspected of being a communist sympathizer,
probably because the school was doing commie things
like accommodating student activism
and offering a college education
that was virtually free for residents of the state.
He actually shut down all UC and Cal State campuses in 1970
following mass protests against the Vietnam War.
He also cut millions of dollars
from the UC operating budget,
suggesting that the universities
should charge students a tuition
or take out loans if they couldn't afford it.
It would be Reagan's let them eat cake,
except unlike Marie Antoinette,
he actually said that shit.
Also, we didn't behead Reagan, yet.
He wasn't cremated after all.
Just saying, there's still a chance.
When critics pointed out that this was antithetical
to the purpose of a public university
and that the move would take educational opportunities
away from many people,
Reagan called the objections hysterical and obviously untrue
because every school would be required to offer loans
along with tuition.
You see, no problem.
That's basically the same as being free.
So yeah, there it is.
Student loans became more common under Reagan's-
Ronald Reagan, the actor?
Student loans became more common
under Reagan's governorship.
Once he was president,
he continued his crusade against publicly funded education,
which he and his ilk were portraying
as a bunch of debauched privileged brats
wasting taxpayer money.
Nevermind that an educated populace
is all but a necessity for a stable country,
or that those students and their parents
were presumably also taxpayers.
Reagan led an early effort to cut back on federal money
that helped students repay their loans
and attempted to throw hundreds of thousands of students
off of the Pell Grant, which is awarded to students
based on their financial need.
So cool, dude.
Real folksy.
He's just a humble old cowboy who thinks education
should be a privilege of the elite.
So we're actually just gonna boop.
Overall, Reagan was successful in cutting college funding should be a privilege of the elite. So we're actually just gonna boop.
Overall, Reagan was successful in cutting college funding
and student aid, while overall tax cuts forced states
to cut back on spending that had previously been used
to subsidize colleges, which raised tuition.
According to estimates by the college board,
the average cost to attend a private college
in the 1980 to 81 school year when Reagan took office
was around $17,410.
And the cost to attend a public college was about $8,000,
both adjusted for inflation.
Nine years later in 1990,
the price of tuition had shot up to $26,000
and $9,800 respectively.
Today, tuition at a private in-state college
averages about $42,000 per year,
while attending an in-state public college
can run you anywhere from 10 to 15,000 per year.
And that's not even counting all the drugs you need to buy
to be cool.
And while Reagan's desire to cut public education
was always framed as a way to maintain
fiscal responsibility and a balanced budget.
His conservative counterparts
made their motives pretty clear.
Roger A. Freeman, Reagan's former academic advisor
during his time as governor,
once defended Reagan's anti-college actions
in a press conference saying, quote,
we are in danger of producing an educated proletariat.
That's dynamite.
We have to be selective on who we allow
to go through higher education.
So we're just gonna actually, boop.
Okay, and James M. Buchanan, an economist,
often regarded as one of the architects
of modern conservatism, who worked with none other
than Charles Koch to push neoliberal policy
throughout the 1980s, wrote an entire book
called Academia and Anarchy,
in which he argued that public universities
were hotbeds of chaos loaded with overprivileged kids,
and that the only solution was to charge them all tuition
that was so prohibitively high,
they would have to take out loans to cover it.
Ostensibly, this would teach all those rowdy punks
to value their college experience
instead of squandering it,
protesting the litany of injustices in America.
Whenever that worked.
But of course, in private conversations
with Gordon Tulloch, another economist,
there can't possibly be this many economists.
Like tone it down.
It was revealed that the actual purpose
was to deny an education to those who couldn't afford it.
Because to quote Tullock,
we may be producing a positively dangerous class situation.
Or as historian Nancy McLean puts it,
educating so many working class youth
who would probably not make it into management
might make trouble having had their sights raised.
Wouldn't want to get all the poor's upset
when they learn the system has been impossibly rigged against them.
So hey, if you're currently being crushed into powder
by student loan debt or were denied the opportunity
because you couldn't afford it,
piss all over this guy's face tonight.
Go ahead, I'm serious.
You can use my printer, print out the face and piss on it.
Go to the devices and search for the storyteller,
all caps, all one word.
I'll leave all the photos in a stack outside,
covered in piss.
Did you piss on those pics?
I will wait for you to do it.
Are you pissing?
Don't lie, are you pissing?
Anyway, speaking of pissing on things,
school tuition wasn't the only thing Reagan made harder
to obtain for the express purpose
of punishing the undesirables.
As we already alluded to,
Reaganomics wasn't about cutting all government spending,
just the stuff designed to help the most vulnerable.
Reagan gutted social programs.
Upon coming into office, Reagan's 1981 budget
set a new standard for the federal government
that disinvested in the working poor and middle-class
by making dramatic cuts to safety net programs
like welfare and Medicaid.
So scores of Americans who had previously depended
on those subsidies suddenly found themselves deprived
of meaningful healthcare
and one source of income.
And while Reagan cited a number of high-minded excuses
to justify these cuts,
a 1984 study on the impacts of Reagan's spending
and tax policies found that families making
less than $12,000 per year lost over 4% of their income
during Reagan's first term,
while families earning $45,000 or more gained 1.6%.
Adjusted for inflation,
that would be families making around $36,000
versus families making $135,000.
In other words, it's not about saving money,
it's about giving it to rich people.
Part of the reason Reagan was so hell bent
on slashing all public programs like welfare and food stamps
was that he only measured success
in terms of money made or status gained.
He felt that Lyndon Johnson's great society,
which sought to create a number of social programs
to eliminate racial and economic inequality in America
was a mistake,
claiming that safety net programs
did nothing but destroy pride
and create a feeling of helplessness,
which are things a person who's never been poor would say.
Also Reagan, who grew up poor.
Reagan pointed to the billions of dollars
spent on food assistance programs since the 1960s
and how those programs had little impact
on actually lifting people out of poverty.
But hey, Ron, fun fact,
you can't buy a house with fucking food stamps,
can you, Ron?
Soup kitchens don't pay people's bills, do they, Ron?
What those programs did do
was lift millions of people out of hunger.
Now, a normal human being might call that
a net win for society.
But Reagan's animus towards federal programs
dovetailed with the general conservative viewpoint
that any federal aid should include work requirements
to guide recipients towards self-reliance.
He and his supporters argued that without means testing
and strict limits, the mythical welfare queen
would take hold and get fat on government handouts.
More on that phrase in a second.
However, the higher eligibility standards
created by Reagan's policies actually pulled benefits away
from people who were already working full time.
Because again, it was never about saving money
or helping people climb out of poverty.
It was about immobilizing poor people
to ensure a docile working class
and keeping up little extra money in the process.
So, there we go, boop.
And it really helped if he also got the country on board
with that idea.
So for instance, did you know he's the reason everyone
turned against welfare?
And he did it by being racist.
Reagan created the welfare queen.
Dog whistling, the practice of concealing a message
for a specific group within a seemingly benign statement
wasn't invented by Ronald Reagan.
But he gave far right ghouls and ghoulettes
the dog whistle of the century
when he invented the concept of the welfare queen,
the mythical drain on society who does nothing
but have babies and collect government checks.
Man, there is no world in which
that doesn't sound aggressively racist.
And the reason for that is because the welfare queen
was one of Reagan's most popular euphemisms
for lazy black people.
And before anyone watching this says,
but Reagan wasn't racist,
here is a clip of him referring to black people as monkeys
who are uncomfortable wearing shoes
in a call with Richard Nixon.
Last night I tell you to watch that thing on television
that I did.
Yeah.
To see those, those African countries.
Damn, they're still uncomfortable wearing shoes.
Yeah.
Aw, Nixon loved that.
Boy, you should never be the most racist person
in a conversation with Richard Nixon.
Reagan began laying the groundwork
to make deep cuts in public assistance
by turning it into a racial issue
even before he became president.
During his failed 1976 bid for the White House,
Reagan called out the woman from Chicago
to persuade Americans that fraudsters
were abusing the welfare system,
taking tax dollars from hardworking Americans.
Although Reagan never mentioned her by name,
the woman in question was Linda Taylor,
a career con artist implicated in a number of other crimes,
including at least one kidnapping and a murder.
In other words, she was a dangerous criminal
and far from the average welfare recipient.
And while Taylor did swindle hundreds of thousands of dollars
from the government in various schemes,
she defrauded just under $9,000 from welfare,
which was a far cry from the $9,000 from welfare, which was a far cry
from the $150,000 per year figure
that Reagan kept quoting on the campaign trail.
Reagan used Taylor's story and speeches across the country
to build up the idea that there might be thousands
of welfare queens, black women taking money
from local and state governments without remorse.
In reality, fraud is not that common in welfare programs,
by most estimates, accounting for less than 2% of payments.
Furthermore, recipients are more likely to be defrauded
by the government than the other way around,
which is absolutely not hard to believe.
My driver's license had an extra N in my name for 10 years
and not in the spot you'd think.
But of course, Reagan didn't stop at gutting the safety net.
He wanted to Calvin ball his way into a free market
with no rules, which is another way of saying
he didn't care if babies drank poison.
["Dreams of a New World"]
Reagan didn't care if babies drank poison.
["Dreams of a New World"]
Just gonna...
Cool. So if Reagan's policies were the dynamic duo, I'm just gonna...
Cool. So if Reagan's policies were the dynamic duo,
Reaganomics would be Batman
and deregulation would be the guy
who hangs out with Batman.
As part of his sweeping deregulations,
Reagan sought to disentangle the federal government
from pretty much any oversight role,
no matter how fucked up.
For example, in 1980, Congress passed the Infant Formula Act,
along with stringent FDA rules, to enforce a law
that would make sure baby formula
had all the proper nutrients.
This was in response to a wave of thousands of cases
of infants suffering convulsions and even brain damage
when they were fed improper formula.
However, Reagan blocked the new law in 1981,
delaying it for 18 months while his administration
came up with a new set of guidelines that,
according to a House Oversight Committee,
were more relaxed and allowed more flexibility.
During that time, three million cans
of substandard baby formula were sold.
But no babies died probably.
Every regulatory body felt a similar pinch.
Even OSHA, the Occupational Safety
and Health Administration.
OSHA is a government oversight group responsible
for ensuring that workplaces are held
to a reasonably safe standard,
a role which obviously had no value
in Reagan's vision of America.
You may have heard about the draconian authoritarian OSHA,
which during the pandemic forced employees to get vaccines.
Wait, sorry, that's not right.
The policy was either get a vaccine
or if you don't want to test for COVID instead.
And if you have it, you'll stay home from work for a while
on account of being sick.
OSHA!
Anyway, in the first two years of Reagan's presidency,
the number of OSHA inspections dropped 17%.
During that same period, punitive fines issued
for violations fell 78%.
So not only were inspections down,
but workplaces were simply not being held accountable
for nearly any safety violations.
And the Department of Agriculture stopped requiring
processed meats to carry labels identifying
their more unsavory ingredients,
including pulverized bone and bone marrow.
And while all you warmbo sympathizers are out there,
maybe thinking, oh, well great, more bones.
It's actually probably important for everybody to know
that we've all eaten a lot more bones than we realized.
Even if you've eaten actual bones.
There's just a few extra bones we didn't know about
and we should have, okay?
We should know about the extra bones.
Let's keep it going.
Because this wasn't by far the only way
this bone lover would screw over America's employees.
The Reagan Brought Back Union Busting.
Of course, an early controversy of Reagan's presidency
developed after he fired over 11,000
air traffic control workers in the middle of a strike,
barring them from ever working
for the federal government again.
In August of 1981, the air traffic controllers union
called a strike when contract negotiations with the FAA
had come to an impasse.
The strike was technically illegal
because it's against the law
for government workers to strike,
which is a whole other can of worms
I'm not going to get into today,
except to say that it's pretty weird
that's against the law.
Sure, maybe elected officials shouldn't get a strike,
not that they'd ever have a reason to,
because they make all the rules
and in fact go out of their way
to entrench themselves in the government
for as long as possible.
And also they get to cosplay going on strike
by threatening to shut down the government every year.
But my point is that most government employees
are just blue collar people working a nine to five job,
like the air traffic controllers.
But workers rights had no place in Reagan's America,
which sought to unchain business
and set it loose like the mighty rancor.
So Reagan fired every single one of them
two days into their strike.
Now, this might not seem like such a big deal,
you know, considering President Joe Biden
did a similar thing to 100,000 rail workers
who went on strike to demand paid sick leave in 2022.
Biden stepped in and literally changed the law
to make rail strikes illegal.
This could be seen as comparable
to Ronnie Reagan's union busting,
but it turns out for Joe Biden,
busting does not make him feel good.
And eventually four of the largest rail carriers
agreed to four paid sick days for workers,
leading the director of the railroad department
of the International Brotherhood of Electrical Workers
to thank Prezzy Jobo for playing the long game.
We salute you, Dark Brandon.
But Reagan's hard line stance on union strikes
gave corporations more leverage in union negotiations
because they knew they would have the backing
of the federal government on their side.
And when one of the most popular presidents
in recent history took a folksy old dump on unions,
it started a domino effect
that eroded their power, as well as their reputation with the American people.
Today, when you say union to people, they invariably picture a mobbed up teamster exerting
unfair control over a poor, helpless business owner.
And it's hard to argue that Reagan's handling of the air traffic controllers had zero influence
on Biden's decision to break the rail strike,
despite the eventual difference in result.
Thanks to Reagan, Union elections began a stark decline
during his presidency.
In a 2003 speech at the Reagan Library in California,
Alan Greenspan, then the chair of the Federal Reserve,
gloated over the rise of flexible markets,
a fancy phrase here, meaning completely unregulated markets,
citing Reagan's decision to fire
the air traffic controllers in 1981
as perhaps the most important contribution.
But this absolute rat fuckery
may not even be the most important contribution,
at least when it comes to screwing over the working class,
because after the break, oh boy, we're going to talk about health care.
The hits, they keep coming. Gonna have to celebrate when this is all over.
Oh, maybe go out and get a nice dinner, you know?
As soon as the corn cream lets me leave, we'll go out and we'll-
...stay.
Which it won't. It turns out it won't.
Glad we learned that.
Because it talks.
Cut to ads please.
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Hot enough for you, Tex? That's a joke because it's hot.
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I'm twisted.
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Yep.
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If you didn't understand my singing.
I bet you did though.
Ah.
Ah.
Hey gang, I'm back.
The corn cream has grown a full inch
since the ad break started.
I can see it grow with my naked eye.
Actually looks like it's gotten closer to me too.
But don't worry, we're nowhere near out of shitty evils
perpetrated by Ronald Reagan, an old man who sucked.
We're gonna cut to that clip, aren't we?
Ronald Reagan, the actor?
Yep, yes we are.
Yes we did.
Yes, we will continue to.
Where did it go?
So we got done talking about how the ragers
screwed the economy, deregulated basic safety measures,
cut programs for the poor, made student loans worse,
and began a long hostility toward unions.
It's just everything wrong with America today.
All of it starting with this one folksy country boy
like he's the Forrest Gump of political tragedy.
And so why not throw fucking healthcare on the pile?
Reagan created the modern bad healthcare industry.
A big priority of Reagan's presidency
was reducing the government's role
in both the private and public sector,
meaning sweeping deregulation of private markets
and severely reducing social safety net programs
or eliminating them entirely.
There were a number of bodacious consequences to that,
but one major one is that Reagan shifted the burden
of healthcare costs from the government
onto healthcare providers in 1983.
Previously, hospitals would bill Medicare
based on the costs of its services,
and the government would pay it,
allowing for a modest profit for the hospital.
But after Reagan's reforms,
Medicare began setting fixed prices
based on the patient's specific condition.
On paper, this seems like a great idea,
but it also seems weirdly anti-Reagan.
After all, price fixing is a form of regulation.
Reagan and his supporters argued
that it forced hospitals to become competitive, which would make them more efficient
and deliver higher quality care.
Because in their minds, people are not human beings
with health needs, only consumers looking for the best deal.
It technically did make hospitals more efficient
in that there was no longer any financial incentive
to keep patients in hospital beds for long recovery periods.
Instead, it incentivized them to flip those beds
as quickly as possible
and treat more people with outpatient services.
So, yeah, probably a no on that higher quality care goal,
but hey, it did kickstart the corporatized
profit-driven healthcare system that we have today.
Many states followed Reagan's deregulatory example
and relaxed restrictions on healthcare costs
and investor capital.
So now we have for-profit medical groups
that exist to generate revenue for shareholders,
managing the majority of healthcare in the United States.
Reagan didn't care much about public health,
which we know because he pretended AIDS wasn't real
for three fucking years, right?
Remember the AIDS?
Reagan ignored the AIDS epidemic.
Just in case you thought America got the idea
to handle a public health crisis
like the emperor's new clothes from Donald Trump,
Rapin Ronnie would like to have a few dope words.
While Trump feverishly denied COVID was a crisis,
even after it nearly killed him,
the playbook for ignoring an historic epidemic
was written 40 years earlier by Reagan and his cabinet.
The first cases of AIDS were reported in June of 1981,
although the syndrome didn't have that name yet.
It was alternatively known as GRID,
Gay-related Immune Deficiency, or the 4-H disease,
which stood for heroin users,
homosexuals, hemophiliacs, and Haitians.
Hey, that's racist!
Boy, the bigotry is just top to bottom in this one.
In July, the CDC reported that 26 gay men
had been diagnosed with KS, a deadly cancer
later linked to AIDS over the last two and a half years.
Finally, in 1982, the CDC used the term
acquired immune deficiency syndrome for the first time.
But even as thousands of people died of AIDS
through the 1980s, Reagan remained silent on the matter.
The first time he even mentioned HIV
was at a press conference in 1985,
three years after the epidemic had been in full swing.
He expressed sympathy for parents who were afraid
of sending their children to school
with classmates diagnosed with HIV,
despite the fact that by that time,
the CDC had already determined
that the virus couldn't be transmitted by casual contact.
Also, I think we can hopefully all agree
that maybe the sympathy should have been directed
towards those actually affected by it.
By the time Reagan finally deigned to mention AIDS,
it had already become one of the leading causes of death
for young adults at that time.
By all accounts, Reagan and his cabinet
didn't take the epidemic seriously.
In fact, they seemed to regard it as a running joke.
Is the president concerned about this subject, Larry?
That it seems to have evoked some unjocular reaction here. as a running joke. Is the president concerned about this subject, Larry?
That it seems to have a much jockier reaction here.
I haven't heard him express.
It isn't only the jocks, Lester.
Is he sworn off water faucets?
No, but I mean, is he gonna do anything, Larry?
Lester, I have not heard him express anything.
I'm sorry.
You mean he has no, no, express no opinion about this epidemic?
No, but I must confess I haven't asked him about it.
Would you ask him, Lawrence?
He's going back into this problem.
Have you been checked?
President gonna pay him lots of money.
I didn't hear the answer.
Oh, it's hard work.
I don't get paid enough.
Is there anything else we need to do here?
That's Reagan's press secretary, Larry Speaks,
you just heard, having a merry chuckle
about fucking AIDS.
At the time, AIDS was derisively known as the gay plague
and was believed to be a punishment from God
by many on the religious right, including Ronald Reagan.
No clip?
Okay.
That recording also reveals just how little the public
and government officials knew about the disease.
In that clip, we're listening to a reporter
begging the White House for any information about AIDS
and receiving nothing but dismissive laughter
and a casual homophobic joke as a response.
At the time, three years into the epidemic,
there were no federal education
or public service announcements about AIDS,
how it was transmitted or how to avoid it.
Because Reagan didn't think it was a problem.
After all, it was only killing the gays and Haitians.
In private, Reagan commonly made homophobic quips
and believed homosexuality was a sin
because he was a big piece of shit
who also hated black people
and anyone who made less money than him.
In 1987, he told biographer Edmund Morris
that maybe the Lord brought down this plague.
And Larry Speaks himself later admitted
that Reagan would frequently make homophobic jokes
in a lisping gay voice.
And if Larry Speaks is like, damn, that's homophobic,
it's probably time to sit down and eat some jelly beans.
Reagan also surrounded himself with advisors
who believed the AIDS epidemic
was a moral and religious challenge,
and that the deaths were the result of moral decay.
In other words, a disease that primarily affected gay men
was not a terribly pressing issue to them.
In 1985, legendary screen actor
and mutual friend of the Reagan's,
Rock Hudson, was diagnosed with AIDS.
Hudson had lived most of his life as a closeted gay man,
and it wasn't until after his death
that Reagan finally became personally interested
in dealing with AIDS.
Still, his cabinet was adamant
on keeping the subject at arm's length.
So Reagan wouldn't take any action until 1986,
when he finally declared AIDS
to be one of our highest public health priorities
and commissioned Surgeon General C. Everett Koop
to draft a report on the virus.
Again, five years after the disease
had first appeared in America
and after thousands of lives had already been lost
and after years of, you know, laughing about it.
The Reagan administration believed that Koop,
who was a fervent religious conservative,
would submit a mild and subdued report
that downplayed the virus
according to their evangelical Christian values.
However, much to Reagan's dismay,
Coop turned out to have integrity.
He was a scientist first and a God botherer second,
and had actually been growing frustrated
at what he viewed as the administration's flippant response
to a public health crisis.
So when it came time to draft his report,
he didn't hold back,
later writing that he believed the Reagan administration
tried to thwart his attempts
to educate the public about AIDS.
Thwart was his word.
To quote his memoir,
"'The conservative politics of the middle and late years
of the Reagan administration attempted to thwart my attempts
to educate the public about AIDS
and try to stir up hostility toward its victims."
End quote.
Reminder, Coop was a pretty right-leaning ultra-Christian
and he still thought the AIDS epidemic mattered
because he wasn't a shameless ghoul like Ronald Reagan.
He actually refused to be a mouthpiece
for the entirety of his tenure as Surgeon General.
When he was pressured to create a report
about post-abortion syndrome,
a slapdash concoction of a bunch of vague symptoms
Reagan intended to use as the basis
for overturning Roe v. Wade,
Coop refused.
Even though he believed that abortion was morally wrong
and staunchly argued against it,
he found there was no scientific evidence
to support the existence of such a syndrome.
A Republican who was unwilling to lie for the president,
imagine that.
After scrupulous research,
including discussions with Dr. Anthony Fauci,
who would later play a major role
in the government's response to COVID,
Coop wrote a 36 page report on the AIDS epidemic.
He did not submit it for review
by the Reagan administration
because he knew they would hack it to pieces
to water down his findings.
Instead, he mailed it directly to all 107 million households
in the United States in one of the largest mass mailings
in the country's history.
The report explained in clinical, straightforward language
that AIDS was transmitted by the exchange of bodily fluids
during oral, anal,
and vaginal intercourse.
That might sound like standard health textbook stuff to you,
but at the time, the government mailing every one
of its citizens a document containing the word semen
was pretty outrageous.
I did that once and I got in trouble.
In his report, Coop predicted that 270,000 Americans
would contract AIDS by 1991,
and that two thirds of those cases would be fatal.
He also advocated for the use of condoms
and other contraceptives to prevent transmission
of the disease, a sensible piece of advice
that enraged Reagan.
In a 1987 interview, he told reporters
that sex education should begin
with teaching the moral ramifications of the act.
The man was literally so repulsed by gay sex
that he completely ignored the deaths
of thousands of Americans for half a decade.
But tell us some more about those moral ramifications, Ron.
In stark contrast to Coop's detailed report,
Reagan released a PSA campaign
called America Responds to AIDS in 1987,
which mainly promoted abstinence
and failed to provide any useful information
on HIV and AIDS.
So at least it was an extremely accurate title.
That same year, Reagan gave the first major speech
dedicated to AIDS after 21,000 Americans had already died.
So close!
Despite the efforts of his supporters to whitewash history
and somehow claim Reagan was a crusader against AIDS,
which is a laughable position once you've heard
that Larry Speaks clip, Reagan continually attempted
to reduce funding for AIDS research in budget proposals,
only to be rebuffed by Congress each time.
Health experts at the time made it clear
that Reagan was failing miserably
at handling the AIDS crisis.
Any progress in research, care, and antivirals
was accomplished through the efforts
of other dedicated health specialists
far from Reagan and his administration.
There, I should cover it.
Or will it?
Reagan pushed private prisons and mass incarceration.
No, no it won't.
Okay, so Reagan led a renewed push
for the private prison industry
and harsher sentencing guidelines,
which is a pretty well-known policy of his.
It's a big part of how we got elected,
which we'll get into in part two.
Oh yeah, there's gonna be a part two to this.
The nightmare only begins.
However, Reagan also passed a series of lesser known bills
that are still inflicting major consequences to this day.
For example, he spearheaded the 1984 Bail Reform Act,
which allowed judges to deny bail to defendants
if they feel the defendant
is likely to re-offend.
You know, just however the courtroom is vibing that day.
Previously, only considerable flight risks were denied bail
and jailed before trial.
This bill gave judges unchecked discretion
and led to a boom in pre-trial incarceration.
Today, it's not uncommon for people to sit in jail
for a year or more waiting for their trial
because they can't make bail.
That's pretty fucked up, right? Well, Reagan kind of invented it.
Meanwhile, the 1984 Sentencing Reform Act introduced federal sentencing guidelines,
which imposed a system of fixed punishments for particular crimes and largely stripped judges of their ability to show discretion in sentencing.
In other words, Reagan's act essentially forced judges
to impose harsher sentences than they normally would
under the auspice of fairness.
Basically, we're empowering judges to be more harsh
and removing their ability to be more lenient.
Hey, fun fact, establishing sentencing guidelines
is the same thing as regulation,
which Reagan claimed was bringing America down
when what he really meant was it's making rich people
be less rich.
We're doing great.
Are we?
Mass incarceration isn't just the result
of stricter sentencing guidelines
or the proliferation of private prisons.
After all, the vast majority of incarcerated people
are in public prisons.
John Faff, a Fordham law professor and author of Locked In,
found that as violent crime declined in the 90s and aughts,
the number of felony cases in state courts inexplicably doubled,
and believed this was due to the over-empowerment of prosecutors at the local, state, and federal level.
Guess whose fault that was?
I said guess whose fault that was!
Ronald Reagan, the actor! Thank you. Guess whose fault that was? I said guess whose fault that was?
Ronald Reagan, the actor?
Thank you.
From his first year in office,
Ronald Reagan, the actor,
lobbied to empower prosecutors,
notably the Federal Crime Bill of 1984,
which thanks to current President Biden
created asset forfeiture laws
that the police use as an excuse
to rob American citizens to this very day,
and the Anti-Drug Abuse Act of 1986,
which implemented 29 new mandatory sentences
for drug-related offenses.
But big surprise, the mandatory sentences
disproportionately targeted black Americans.
Despite accounting for just 12% of the population,
black Americans made up 23% of those arrested
for drug charges in 1980,
a figure that increased to 40% by 1990.
Reagan passed another crime bill in 1988,
creating the cabinet position of National Drug Czar
to direct even more money towards law enforcement
and the construction of prisons.
Well, he may have been a proto-fascist dickhead,
but at least he got all those drugs under control, right?
Because if there's one thing we've learned as a society,
it's that mass incarceration curtailes drug abuse, right?
Look at all the drugs that aren't in America.
Now, shockingly, despite stiffer sentencing
and pushing drug arrests to over 1 million a year,
drug use doubled while Reagan was in office.
Specifically cocaine use, which makes sense.
I'd need to be pretty fast and loose
if I had to deal with this shit every day,
which I guess I do actually.
Siri, bring cocaine.
No, and don't call me Siri.
Wait, then who am I talking to?
Oh, the monkey.
Give me cocaine, monkey.
Even as crime started to decline,
the legislation laid by the Reagan administration
made sure that arrests and prosecutions
would remain steady by greatly expanding
the power of prosecutors.
Reagan's tough on crime legislation spree
laid the groundwork for even harsher legislation
in the 1990s.
Kind of feels like that should be more than one.
I don't want to run out of pins, but I don't know,
one more, I guess we're out of things
to be mad at Reagan about.
I guess this is the end of the episode,
but still maybe you guys could like
secretly trade me some pins.
I'll give you money.
Ha, psych, you just got a Ron Contra!
Bonus round, the Iran Contra Affair,
a Ronald Reagan mystery.
Hell yeah, we wouldn't want to leave
without a little Ron Contra after after dessert.
Reagan's final few years were marred
by the Ron Contra scandal,
also known as the Ron Contra Affair
for people who like lifetime movies and love Ronald Reagan.
They just hate seeing that ugly word scandal
next to his glorious golden name.
Okay, Iran-Contra.
Don't worry, I'm not even old enough
to remember Iran-Contra, and I have a beard.
Something about Oliver North?
Who can say?
I was waiting for Alf to come on.
Ronald Reagan, the actor?
I said Alf, I didn't, okay.
So there are a lot of moving parts here,
which is something many government scandals have in common,
which probably has something to do with why they're scandals.
But stick with me, and if you get lost,
just rip a blood-curdling shriek.
Better yet, stick a pin into your own wrapping Ronnie doll,
and I will get the message.
Zim!
Message received.
In the 1980s, Lebanon was going through a brutal civil war
with several factions vying for power in the country.
One of those factions was Hezbollah,
a name you may recognize
because they're very much still around.
Labeled a terrorist organization
by virtually every nation in the world,
Hezbollah was backed by Iran
and regularly kidnapped foreign nationals.
Iran was also fighting a war with Iraq,
which at the time was an ally of convenience
with the United States.
You can find images of Saddam Hussein
palling around with the US officials from around this time,
because as long as you play ball,
America truly does not give a shit.
Throughout the early 80s, militants in Lebanon
kidnapped more Americans,
putting pressure on the Reagan administration
to find a solution.
Iran was in desperate need of weapons
for their fight with Iraq,
but Congress had banned the US from selling arms
to countries that had sponsored terrorism, such as Iran.
So Reagan's solution was to sell the arms in secret,
in exchange for the release of hostages in Lebanon.
It runs directly counter to America's
we don't negotiate with terrorists position,
which is an extremely dangerous precedent to set,
kind of the whole reason that rule exists in the first place.
But hey, being president is about getting your hands dirty.
And at least this time,
he was actually trying to help people.
Not so fast!
We're talking about Ronald Reagan here.
You didn't think-
Ronald Reagan, the actor?
Right, yes, him.
You didn't think he was gonna take any action
that was purely for someone else's benefit, did you?
No, no, no, no, no.
See, it may have looked like the Reagan administration
made a difficult decision in order to defend human life,
but they only actually freed three people
as a result of this trade,
and they sold those weapons at a hugely inflated price.
I probably wouldn't have tried to price gouge the ransomers,
but whatever, I'm not the president.
I'm not the president.
And they took those secret illegal profits
and funneled them into the Contras,
a right-wing militia group in Nicaragua to support a coup,
which is what they really wanted to do all along.
We know this because Reagan's National Security Council
initially ignored the 1982 Boland Amendment
that forbade the US's involvement
in the toppling of Nicaragua's government
and tried to raise money for the Contras
from other countries like Saudi Arabia.
We say this a lot on the showdy,
but these people generally don't bother
to hide their crimes very well.
Because I mean, what are we gonna do about it?
Make a YouTube video?
Feelings deleted.
The whole operation was run
by Reagan's National Security Council,
which was spearheaded by Colonel Oliver North.
That's, there he is.
I knew I remembered something from the news.
I do not remember how Alf ended though.
Probably fine.
North was dead set on getting contra rebels
as much support as possible,
going as far as to facilitate
contra drug smuggling operations to raise cash for weapons.
In other words, he was assisting in the trafficking
of cocaine into the United States. That probably wasn't his goal, but like I said, if you play ball, America truly, truly does not give a shit.
However, North wasn't the most meticulous or careful of masterminds.
The Sultan of Brunei accidentally wired $10 million to a random person because he'd been given the wrong transfer numbers.
And North perjured himself several times in front of Congress
before the scandal even came to light.
Sorry, before the affair even came to light.
He was presumably a popular character
on Saturday Night Live, but I'm not gonna look those up.
In fact, whatever company owns them
probably took them offline,
because that's happening everywhere.
We're not talking about that right now.
Once the story broke on the Reagan administration's
involvement in the scandal,
North and his cronies destroyed thousands of pages
of documents to conceal their involvement
and shield the president from any blowback.
Reagan set up an investigative body
to investigate himself, I guess,
but everyone involved more or less got off
with a slap on the wrist.
Those who were actually convicted, including North,
received favorable probations and their convictions were later pardoned by George H.W. Bush,
Reagan's former vice president,
and the former head of the CIA,
an organization that knows a thing or two
about toppling governments.
But I'm sure none of those things are related.
North was, until recently, in charge of the NRA
and founded the Freedom Alliance,
a conservative political organization
that disguises itself
as a charity by offering a meager $1,000 scholarship
to less than 100 people every year.
Way to go, Olly!
Really following your North star of being, you know,
a piece of shit.
Due to the coverup, the destruction of evidence
and North's willingness to jump on a grenade
for the president, investigators never found a direct link
between Reagan and the actions
of the National Security Council.
But they did find that at the very least,
Reagan's supervision had been careless,
giving the NSC room to operate with impunity.
If you're wondering, that Reagan movie trailer
appears to completely gloss over any of this
and treats the whole thing like a passing witch hunt
that he heroically overcame.
You just wait.
What did the president know?
And when did he know it?
What would you have me do?
I want you to fight.
Adorable.
Thing is, the Iran-Contra scandal
was one of the most obvious examples of Reagan's hypocrisy.
He constantly harped on the threat of illegal drugs
entering the country and turning people
into violent criminals.
But rather than investing in drug programs,
education or healthcare,
he created a slush fund with illegal arms sales
to funnel a bunch of money into cocaine trafficking.
Apparently that's how you fight a supply side war on drugs.
The Reagan administration continually vilified
Nicaragua's left-wing Sandinista government,
which they were trying to topple
with their support of the Contras,
claiming the Sandinista party was involved
in the drug trade to finance international terror.
Reagan would continually accuse the Sandinistas
of trafficking drugs,
even though there was very little evidence of that.
Boy, that sounds familiar.
At the same time, Reagan dismissed evidence
that the Contra rebels were doing the same exact thing,
probably because he knew they were,
because the US government was literally helping them do it.
Altogether, his legacy in Central America
was a massive failure.
Despite his aggressive stance on crime
and all the shady dealings,
Reagan's strategy was completely ineffective
at slowing the flood of drugs into the US
and it further destabilized countries like Nicaragua
that are still dealing with the fallout today.
We will never see leadership like that again.
Yes, we will.
They're all like this.
Of course, the reason I braved the corn cream
to tell you all of this is because we are still dealing
with Reagan today in a bunch of thrilling ways that have slowly eroded
both political parties, like a jar full of hungry corn.
Like we didn't even cover everything in this video.
This was just the highlights.
There was more we could have said.
So in part two, we'll unpack all the ways
that Republicans are still chasing Reagan
and Democrats are still twisting themselves
and us to become more Republican.
But based on all this,
it kind of seems like in addition to being cruel, racist,
and ignorant, none of Reagan's policies actually worked.
They were a net loss for literally the entire country,
not even the beloved Trojan horse of Reaganomics
containing all his ludicrous tax cuts
worked out in the end
because he had to raise taxes four times to pay for them.
The next two presidents had to continue raising taxes
to foot that bill.
And again, the entire principle behind supply side economics
was an unproven economic theory that,
according to the official record,
was drawn on a fucking napkin.
Even if we take Reaganites at their word,
which we shouldn't,
and believe that all these policies
were about empowering people
to lift themselves out of poverty
and create a more fiscally responsible country,
neither of those things happened.
So here's a thought.
Maybe it's time to admit that Reaganomics
and neoliberalism in general were a failed experiment.
Like it didn't work, did it?
Ronald Reagan, the actor.
Ronald Reagan, the actor?
Right, Ronald Reagan, the actor,
basically propped up this economic policy and was wrong.
He gutted social safety nets and degraded healthcare
and student loans and workers' rights,
and he was, as time has shown us, wrong about all of that.
We know he was wrong.
That's how time works.
None of what he did was good.
And yet we have a political party that still looks to him
as the answer to all of our prayers,
even though we objectively know he was wrong.
Maybe we shouldn't trust any party that worships him,
considering that facts him,
considering that fact.
Unless, of course, it was never about empowerment
or fiscal responsibility,
and it was just about making rich people
the richest they've ever been in the history of the world.
In that case, Reaganism was a pretty big success.
Okay, something moving down here.
I've been trying to ignore it,
but that has become impossible.
Wait, wait, wait, wait, wait, wait, wait, wait, wait, wait.
What, what, what, wait, what, what, what?
Katie, Katie, I need you!
Listen, slick, just break a window
and start throwing your BMS outside if it's getting too...
Oh...
Dang.
Yes.
Yes, it is the dawning!
The what?
The dawning.
The dawning.
Good God! Hello, Mommy. Thank you for watching the show.
Make sure to like and subscribe.
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