At Harvard Business School, thirty years ago, George Bush was a student of mine. I still vividly remember him. In my class, he declared that "people are poor because they are lazy." He was opposed to labor unions, social security, environmental protection, Medicare, and public schools. To him, the antitrust watch dog, the Federal Trade Commission, and the Securities Exchange Commission were unnecessary hindrances to "free market competition." To him, Franklin Roosevelt's New Deal was "socialism."
[...]
[In the McKinley Gilded Age, which Bush is attempting to replicate] ...there was no Securities & Exchange Commission to check "creative accounting" and Enron-WorldCom like malfeasance of corporations. America had poor public schools and medical care. There was no minimum wage or labor standard. Both federal and state governments and courts were hostile to labor unions and civic groups protesting the "injustices" of the society. The natural environment was ravaged by railroads, mining, lumbering, and newly emerging oil and gas firms. Abortion was illegal. Women did not even have the vote. In the South, Christian fundamentalists were pressuring public schools to stop teaching Charles Darwin's evolution theories. During the McKinley-Gilded Age, America's democracy atrophied. And America embarked on her imperialistic expansions of colonising Cuba, Panama, and the Philippines.
Funny how his logic doesn't seem to work in reverse. Somehow, Bush is and was lazy but never poor.