Among the economic changes wrought by the 1980s has been a new fiscal relationship between the federal government, on one hand, and the state and local governments, on the other. Ronald Reagan heralded the “New Federalism,” which was supposed to …
American workers have more than two trillion dollars in their pension funds. They own about onequarter of all the corporate shares on the New York exchange and account for almost half of daily trading activity. Having tripled in size in …
What happened? Ronald Reagan beat Walter Mondale by 59 percent to 41 percent in the popular vote, carrying a majority of every age group, of both sexes, and of every income class above $10,000 per year. Union members supported Mondale …
This book is about job loss, plant closings, and community decline, or what the authors call “wide- spread, systematic disinvestment in the nation’s basic productive capacity.” They describe the various forms such disinvestment takes, assess its impact, analyze the forces …
An interesting poll done for the New York Stock Exchange by Garth, Friedman, and Morris last December (after the election) reveals that 61 percent of the American people believe the U.S. economy is in a crisis. They are right. Evidence …
