I was recently reading an article about supply-side economics which contained the statement "Economists estimate that between 1981 and 2021, more than $50 trillion dollars moved from the bottom 90% of Americans to the top 1%". I would like to have a better understanding about the particular ways in which those dollars moved;…
I was recently reading an article about supply-side economics which contained the statement "Economists estimate that between 1981 and 2021, more than $50 trillion dollars moved from the bottom 90% of Americans to the top 1%". I would like to have a better understanding about the particular ways in which those dollars moved; e.g., everyday examples of how this happens. I am hoping you will address this in one of your letters or Coffee Klatches. Many thanks!
Hi Dr. Reich,
I was recently reading an article about supply-side economics which contained the statement "Economists estimate that between 1981 and 2021, more than $50 trillion dollars moved from the bottom 90% of Americans to the top 1%". I would like to have a better understanding about the particular ways in which those dollars moved; e.g., everyday examples of how this happens. I am hoping you will address this in one of your letters or Coffee Klatches. Many thanks!