During the period from 1991-2001, when the economy experienced unmitigated growth and relatively little political upheaval, analyzes could finally be made of the wealth of former President Reagan’s economy, which was called “Reaganomics”. The Reagan administration implemented tax cuts on the upper income bracket and cut capital gains taxes in an effort to increase the […]
Tag Archives: Stagflation
28
Jul
Jul
Thomas L. Friedman has become synonymous with his term for how the world is becoming economically more even, or as he calls it “flattening.” In his newest book, Hot, Flat, and Crowded, he details what he perceives as the biggest crisis in American history and explains so thoroughly and with much ease. Friedman leaves no […]
COMMENTARY | A USA Today/Gallup poll suggests that the Obama campaign’s attempt to take down Mitt Romney for his tenure as CEO of Bain Capital has been ineffective. The results should prove bone-chilling to the president and his people. By a 63 to 29 percent margin, Americans believe that Romney’s business background would cause him […]
The current democratic governments that exist in Latin America face several issues that have led to their instability, including cultural legacies, social exclusion, and institutional weakness. Yet the greatest issue leading to the destabilization of democracy and Latin America is the economic inequality that has created extreme poverty and inequality. Almost half of all Latin […]