Official Portrait of President Ronald Reagan (Photo credit: Wikipedia)
It has been thirty years since Americans elected a b-movie actor on the promise of economic prosperity. His plan, and by “his plan” I mean the plan of his handlers, was to sell the public on the idea that if you put more money in the hands of the wealthy it would eventually trickle down to the middle class and poor. So we embarked on a policy of reducing taxes on the wealthiest Americans, people who had already seen their taxes slowly lowered over the previous thirty years, with predictable results. Continue reading
