What Democrats Get Wrong About The Middle Class

The Week - Politics, The Week: Politics
Tue, 08/04/2015 - 2:30am

Obamanomics and the modern Democratic Party are constructed around this core economic claim: America's three-decade, free-market experiment of tax cuts and deregulation was a failure for the middle class. Democrats claim that from Ronald Reagan through George W. Bush, the 1 percent got even richer, while the other 99 percent of us saw incomes stagnate.

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