[VoodooEconomist]

The longest bull market in American History begain in 1982 ... and ended during the reign of King Bill in March 2000. The technological and medical innovations of the 1990s were brought about by companies incubated in the 1980s. The incubation would not have been possible at the pre-Reagan level of taxation and regulation. Defense buildup was worth every cent as it accelerated the fall of the Soviet Union. And social programs WERE NOT cut. The RATS controlled the purse strings throughout the 1980s.

[bimbo]

The longest bull market in American History begain in 1982 ...

Very true ... Everyone remembers Reagan's quote: "Mr. Gorbachev, Tear down this wall." Everyone remembers his "Evil Empire" speech. But my favorite Reagan quote was the day in 1983 he visited the NYSE to ring the opening bell: "We're going to turn the bull loose."