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Well under her and Reagan's policies the rich got richer and the poor poorer.
by Synaesthesia 10y ago
Well under her and Reagan's policies the rich got richer and the poor poorer.
- mattmcknight 10y agoSimply false. Income gains were across the board in the Reagan years. https://www.brookings.edu/research/income-growth-and-decline-under-recent-u-s-presidents-and-the-new-challenge-to-restore-broad-economic-prosperity/ https://www.brookings.edu/research/income-growth-and-decline...
- Synaesthesia 10y agoThey all gained but if you look at the actual numbers, the wealthy classes far more than the lower income classes who basically stagnated (we have to take inflation into account) https://aneconomicsense.org/2012/01/29/the-impact-of-reagan-good-for-the-rich-bad-for-most/ https://aneconomicsense.org/2012/01/29/the-impact-of-reagan-...