Reaganomics

Thank God for Edward Neumeier and Michael Miner, because they had their fingers on the pulse of the country in the Reagan 80s and “Reaganomics.”

Economically, we saw Reaganomics and neoliberalism concentrate extreme wealth into corporate hands.

Ronald Reagan started touting “Reaganomics” at a time when his approval ratings were stuck in the high 30s and long before the economy recovered from its late-1970s doldrums.

Reaganomics and rampant consumerism are unraveling civil rights progress as the zeitgeist has become ever more mercenary.

Yet as we both know, especially over the last 20 years — but I would argue, now that we're 50 years into Reaganomics, over the last 50 years — Democratic economic theory actually outperforms Reaganomics, starve-the-beast, trickle-down economics.