A Triumph for Reaction

We ought to have a clear idea of what is happening in this country. In the few months since Ronald Reagan took office, there has occurred a large-scale retrogression. In depth and scope, this is almost as significant as the steps taken toward a welfare state during the early days of the New Deal. Elements of the welfare state (such as it’s been . . . ) remain, of course, but significant parts have been lopped off and, David Stockman assures us, more will go. How shall we describe this?<...