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The Great Pendulum of Economic Outrage Is About to Swing Again The great pendulum of American economic outrage moves back and forth over time between anger at big government and anger at big business. For almost thirty years, big government has been the target -- starting with Ronald Reagan's admonition that government is the problem, not the solution; through Bill Clinton's declaration that the era of big government is over; and George W. Bush's hands-off brand of free market fundamentalism.

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The Great Pendulum of Economic Outrage Is About to Swing Again

The great pendulum of American economic outrage moves back and forth over time between anger at big government and anger at big business. For almost thirty years, big government has been the target -- starting with Ronald Reagan's admonition that government is the problem, not the solution; through Bill Clinton's declaration that the era of big government is over; and George W. Bush's hands-off brand of free market fundamentalism.