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Of course, other things happened during the 2000s, including further financial sector deregulation not directly related to the tax cuts.
The African telecommunications revolution of the 1990s was largely driven by private funding, after sector deregulation showed what was possible.
There has been total unanimity about the vital importance of reliability of supply since the beginning of the electricity sector deregulation process.
The political wisdom of our time has been this: unless you accept lower taxes on the rich, an ever-expanding role for the private sector, deregulation, a limited role for government, weakened trade unions, and so forth, you are rendered unelectable.
The history of financial sector deregulation over the last thirty years tracks this rise in income equality.
In the last 16 years, Ugandas trade policy objectives have been pursued through continuing liberalization with increased involvement of the private sector, deregulation, privatization and participation in regional agreements, particularly the East African Community (EAC) consisting of Uganda, Kenya and the United Republic of Tanzania and COMESA.
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Much of this money went to members of the House and Senate banking committees, which oversee financial-sector deregulation issues.
One reason British politicians feel uncomfortable with Thatcherism is that Britain has been relatively prosperous in the last two decades, at least in part because of things the Thatcher government did: tax cuts, financial-sector deregulation and weaker unions all made Britain a more attractive place to do business.
The second, triggered by the Reagan Revolution, turned the U.S. economy into a job-creating machine by combining business-sector deregulation with a state-led weakening of American labor.
After 20 years of exulting in the power of the private sector, in deregulation, tax cuts and reining in the Washington bureaucrats, Republicans and Democrats alike are talking about a muscular new role for government in the aftermath of the Sept. 11 terrorist attacks.
The policy environment in Southeast Europe has improved over the years, while all counties have successfully tackled inflation, developed noteworthy private sector through deregulation and privatization.
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CEO of Professional Science Editing for Scientists @ prosciediting.com