Debunking the Reagan Myth
The Reagan economy was a one-hit wonder. Yes, there was a boom in the mid-1980s, as the economy recovered from a severe recession. But while the rich got much richer, there was little sustained economic improvement for most Americans. By the late 1980s, middle-class incomes were barely higher than they had been a decade before -- and the poverty rate had actually risen. Full Story »
Posted by Kaizar Campwala - via avivao (f)
