Everyone needs a scapegoat. Why not mention Carter and the near double-digit inflation Reagan faced at the beginning of his admistration and the fact that it was nearly half by the end of it?

In the 90s, it brought us some of the best economic times we will ever see.

So sure, lets rewrite history.

You can only do the financialization trick a few times and each time it is more damaging than the last. The end comes when it is no longer possible to outrun the delayed negative consequences. There is an attribution problem, like the straw that let broke the camels back, but for the final straw the back may not have broken, but responsibility lies with the weight in its totality.

Oh hang the economy. I don't care about money, I care about people. I care about the incalculable number of folks who have suffered and died from the politics of austerity, in my country and the UK. I care about government services that no longer function because of this case of brain worms that tells people when a government office doesn't work, the solution is to cut it's funding because that's definitely going to help. I care about the alienation of everyone from everyone and everything, all of us trussed up in our little homes, completely disconnected from the effects we have on our communities because of this libertarian fantasy of you being and island and accountable to nothing and no one but your own piddly, small notion of what moves you forwards.

"Oh hang the economy. I don't care about money, I care about people."

You should care about the economy. More money means jobs and prosperity. Less people dying in the streets and more tax revenue to help the helpless.

"in my country and the UK."

The UK has universal healthcare and it's been touted for years as the best answer to healthcare. What happened?

"libertarian fantasy of you being and island and accountable to nothing and no one but your own piddly, small notion of what moves you forwards."

I see. You are still bitter about Brexit.

I'll repeat what the other comment said, since it seems like you were sick for most of your macroeconomics class; you are currently living through the consequences of fictionalization. We did try what you're suggesting, both in America and the UK, and the post-industrial financier economics has the exact same consequences every time.

America is a precise model for what the UK will look like if it shirks liberalization. Here in the US, we've lost almost all of our postwar industrial capacity. We can't ship cost-competitive smartphones or electric vehicles without importing parts from China. We can't mass-produce the things we consume or even export enough to keep out of a trade deficit. Our biggest exports are software services reviled the world over for being surveillance systems installed and moderated by America's government. Our businesses are no longer seen as stable blue-chip stocks, but moonshots and gambling opportunities.

If you actually knew the consequences of a financier economy then you wouldn't wish it on your worst enemy.