September 5, 2011

The Regressive Legacy of Reaganomics

Over at the New York Times, former Secretary of Labor Robert Reich has an excellent article on the current state of the middle class.  The points he makes are all worthwhile, but the truly killer element of his column is the accompanying chart.  I've written about this topic a number of times - most recently in Punishing Worker Success Doesn't Count - but as they say, a picture is worth a thousand words, and Mr. Reich's all-encompassing chart starkly illustrate the damage wrought by Reaganomics and its adherents.

Click on chart to view at full size.