Reaganomics Sucked Wealth Up, Did Not Trickle It Down
Michael Hudson on Reagan Centennial: Creating an economy for predators is not respect for a "free market" Full Story »
Posted by Dwight RousuMichael Hudson on Reagan Centennial: Creating an economy for predators is not respect for a "free market" Full Story »
Posted by Dwight RousuHudson looks at the growth of the disparity of wealth and some of the mechanisms launched by Reagan.
This is not journalism at all. It's a tired and silly marxist analysis of the Reagan administration. Why bother?
This blog post has no journalistic merit. The author interviews someone who has strong opinions and does not challenge a single one of them. Most (probably >95%) economists would dispute almost every statement in the piece. The person being interviewed even puts in a comment about the tea partries that shows his ignorance on the subject, and the fact that the author did not question him on this shows how ignorant the author is about basic journalistic practices.