It's been nearly thirty years since Republicans were in ascention with Ronald Reagan and his "theories" leading the way. The results are in on this grand experiment - FAILURE! Precept number one: "Government is the problem". Well if you don't believe in the Framers vision of "Government of, by and for the People" one might come to see the government as the problem, but of course that is the same as saying that the People are the problem, since the People ARE the government. This idea of government as the problem, followed blindley by Repubs led to the foolish notion that deregulation of all parts of the economy would lead to prosperity because the theory goes that 'the economy will work best if there are no rules'. Allowing investment banks (gambler's banks) to merge with commercial banks was disasterous, thanks Phil Graham! Precept number two: "Cutting taxes will bring in more tax revenue". The Laffer Curve turned out to be a laugh. Every time the Repubs cut taxes it has led to increased deficit spending. The National Debt was just under 1 trillion dollars of total accumulated debt from the days of George Washington until when Jimmy Carter left office at which point Reagan slashed revenue and increased spending. What a surprise, the debt exploded! We now owe more that 10 trillion dollars. Precept number three: "Greed works". Greed does not work, it destroys. There is a big difference between a desire to prosper and greed. If you don't see a difference perhaps a little 'soul searching' is in order. Even Bill Bennit did not include greed in his book of virtues! Reaganism is a failure and the best thing that could happen for the Democrats would be if the Repubs all rally around Rush Limbaugh and continue to espouse this failed 'theory'. Why couldn't the Republicans govern? Because they don't believe in government!