Yeah, too bad there's no more mental asylums in existence. No, wait... What?
So much misinformation. The controversy with Reagan and mental institutions was when he was governor... of California... so it only applied to California. It's unclear how this could be connected to giving tax breaks to Wall Street. Also, it wasn't about shutting down asylums but releasing patients from the asylums. Furthermore, it wasn't Reagan's idea. Frank Lanterman submitted the bill to the legislature which then passed the bill which Reagan then signed into law.