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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The Week - Politics, The Week: Politics
Tue, 08/04/2015 - 2:30am
Topics: democratic party ronald reagan george w bush as president obama earlier jason furman hillary clinton strong stagnationists u.s census bureau martin feldstein university chicago congressional budget office goldman sachs facebook google twitter charles jones peter klenow washington post matt o'brien team obama age atari democrats as furman is census america percent economic year growth data household median inflation real government higher years incomes living account size standards suggest lot richer internet productivity taxes claim put tax economics experiment point close rose lessons figures substantially policy times income true thinks
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