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Reply To: Starting to see the results of income re-allocation

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Anonymous
Inactive

@slotplayer 199523 wrote:

The economic policies of Ronald Reagan threw the economic balance out of wack and most are playing catch up ever since. It ended the stay at home mom era and created a “me generation” that’s first and foremost thought is “wealth creation.”

Failed economic policies of Reagan?

82 per cent of the jobs created during the Reagan recovery were in the higher-paying, higher-skilled occupations (technical, precision production, managerial, and professional). Many of these are “service” jobs, including positions in law, advertising, computers, and medicine. Only 12 per cent of the increase in employment occurred in the lowest-paid, low-skilled service occupations such as retailing and fast-food restaurants.

Hardly a failure.