Voodoo Statistics Can't Erase The Triumph Of ReaganomicsPaul Craig Roberts
A full-court press is on to convince the electorate that the phenomenal 20 million new jobs created by the Reagan expansion were all minimum-wage, hamburger-flipping ones that lead nowhere. Real family incomes are alleged to have stagnated while the rich got richer and the poor got poorer. Cutting tax rates, it is claimed, unleashed greed instead of incentives, and the rich simply stole more from the poor.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.