Reagan brought us wealth distribution alright, with roughly 2% of the folks controlling 80% of the money. Prior to Reagan the numbers was much higher. Roosevelt heavily taxed the rich, and wealthy folks controlled less of the money.
It's interesting that the richest man in the U.S., Warren Buffet, of Omaha, NE, is an Obama backer and that he has spoken out against tax cuts on numerous occasions. Unlike the greedy fuckers that sucked up TURP money for 100 million dollar bonuses, Buffet drives and old buick, and pays himself 100K a year. Warren Buffet finally caved not to long ago and bought himself a private plane. He named it "The Indefensible."
Republican and Reagan were, and are, about keeping the rich rich and having a private club of control. Perhaps you've watched the Discovery programs about the Free Masons. Like false belief systems / religon, the GOP preys on fear from ignorant folks and loves the military industrial complex. Blackwater, and Haliburton, basically got open checks for warfare.
It will take decades to recover, if it's possible.
Medicare is a huge fucking disaster with Bush giving Big Pharm an open checkbook on the public coffers with Medicare Plan D. It's a joke that lines the pockets of big Pharm at taxpayer expense. Plan D should have been regulated. As it was implemented, Big Pharm can pretty charge whatever, and get away with it.
Universal Health Care is going to be a big mess. I'm all for a SINGLE payor system and social medicine as Europe has been for 60 years. As is, "affordable health care" will be anything but with the insurance companies lining up at the federal trough along with Big Pharm. You'd think we'd learn something from the Walmart business model, but, NOPE.