It's still not 'Morning Again in America'
While the top 1% bask in the light, most of middle-class America seems mired in dreariness
IT has become one of the classic political television commercials of all time, known for its opening line, "Morning Again in America".
The commercial was part of the 1984 re-election campaign of Republican President Ronald Reagan and was aimed at marketing to American voters the message that following years of economic downturn the American economy was back and kicking, thanks to the policies pursued by the incumbent president, and that America was - as the ad put it - "Prouder, Stronger, Better".
Featuring a montage of cheerful Americans going to work on a sunny morning, the narrator compared the sense of optimism about America and its expanding economy to the depressing mood of the American people on the eve of the 1980 presidential election that led to the defeat of Democratic President Jimmy Carter and the electoral triumph of the ex-Hollywood actor and former Republican Governor of California.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access