is faring worse than other high-income countries. According to many measures of well-being, the U.S. Economic growth has been disappointingly slow in the U.S., as has income growth for most families. The United States was faring better than its economic rivals in the 1980s and 1990s, and a market-oriented approach seemed to be a reason.īut the evidence has changed in the early 21st century. The shift was in part a genuine attempt to be pragmatic about what worked. ![]() ![]() Bill Clinton and his allies in Congress cut taxes on investments, deregulated Wall Street and embraced a more corporate-friendly image. In the late 20th century, the Democratic Party moved to the right on economic policy.
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