Krugman Blames Reagan

And don't forget how Thatcher was transforming the UK at the same time, and how the corporate media lionized both these horrid legacies for 25 years.

Op-Ed Columnist - Reagan Did It - NYTimes.com

There’s plenty of blame to go around these days. But the prime villains behind the mess we’re in were Reagan and his circle of advisers — men who forgot the lessons of America’s last great financial crisis, and condemned the rest of us to repeat it.