Reaganomics where easy to understand. You spend a lot, blame it on the Democrats, reduce income by providing tax relief to the wealthy, and run up a huge national debt. President Clinton did the opposite. He raised the earning capacity of the country, spent less than he earned, and paid down the debt. Business thrived, and investors were encouraged to see sound financial management. Even the ultra-conservative Alan Greenspan was a converted supporter of this policy. But, then came Bush II. Once again, we are running up a national debt that is completely out of control. We cannot pass a healthcare plan for children because we a building an embassy complex in Iraq (the one we were suppose to be out of within 90 days), that rivals the Taj Mahal. But, that is not the worse of it. This article explains the long-term consequences of Bush II economics - our should these just be called neo-Republican economics?