September 30, 2014

Reagan Set Up The Death Of The Middle Class, But China Was The Clincher

Reagan Set Up The Death Of The Middle Class, But China Was The Clincher

"Before Reagan working people benefitted more during economic recoveries than the top 10 percent. After Reagan the top 10 percent benefitted more. But after 2000, 90 percent of us not only didn't benefit during economic recoveries, we continued to fall behind. Reagan shifted the power to the wealthy, and the wealthy used that power to escape the borders of democracy by moving production to China. And that, my friends, was that."