Allow me to briefly comment on your statements srandl. It was after the Great Depression that regulation of financial institutions was put into place. Up till then the American economy had experienced a boom and bust cycle about every 10 to 15 years. As a direct result of these regulations the American economy was relatively stable for over 60 years until the Bush administation decided that the government just needed to get out of the way and let businesses decide what was best. The result of this combination of thoughtless deregulation and frankly in my mind criminal negligence is what brought the world economy to brink of disaster.
Ronald Regan at least up until George Bush Junior was responsible for the greatest increase in the U.S. national debt in the history of the country. I am not sure if borrowing immense sums of money from the Chinese and giving most of that money to the richest Americans really qualifies as a tax break. I remember the words of Warren Buffet who at the time the republicans were doing this warning them that this was bad fiscal policy and bad social policy.Obviously as we know they didn't listen.
So you say more deregulation and borrowing money for more tax cuts. I don't think so.