The American Dream vs. The Gospel of Wealth: The Fight for a Productive Middle-Class EconomyYale University Press, 2008 M10 1 - 240 páginas Norton Garfinkle paints a disquieting picture of America today: a nation increasingly divided between economic winners and losers, a nation in which the middle-class American Dream seems more and more elusive. Recent government policies reflect a commitment to a new supply-side winner-take-all Gospel of Wealth. Garfinkle warns that this supply-side economic vision favors the privileged few over the majority of American citizens striving to better their economic condition.Garfinkle employs historical insight and data-based economic analysis to demonstrate compellingly the sharp departure of the supply-side Gospel of Wealth from an American ideal that dates back to Abraham Lincoln—the vision of America as a society in which ordinary, hard-working individuals can get ahead and attain a middle-class living, and in which government plays an active role in expanding opportunities and ensuring against economic exploitation. Supply-side economic policies increase economic disparities and, Garfinkle insists, they fail on technical, factual, moral, and political grounds. He outlines a fresh economic vision, consonant with the great American tradition of ensuring strong economic growth, while preserving the middle-class American Dream. |
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Página 17
... decades following World War II . Today we are much less likely to speak of economic policy in such moral and political terms and much more likely to debate economic issues on technical - factual grounds that presume that the single ...
... decades following World War II . Today we are much less likely to speak of economic policy in such moral and political terms and much more likely to debate economic issues on technical - factual grounds that presume that the single ...
Página 18
... decade we had seen one of the longest sustained periods of economic growth and one of the biggest investment booms in American history , following President Clinton's increase in the top mar- ginal income tax rate . Do cuts in the top ...
... decade we had seen one of the longest sustained periods of economic growth and one of the biggest investment booms in American history , following President Clinton's increase in the top mar- ginal income tax rate . Do cuts in the top ...
Página 34
... decades in politics , still had a strong sense of states ' rights . In one sense the political issues that dominated Lincoln's age were quite different from those of our era . In another sense , they were somewhat the same . Many of the ...
... decades in politics , still had a strong sense of states ' rights . In one sense the political issues that dominated Lincoln's age were quite different from those of our era . In another sense , they were somewhat the same . Many of the ...
Página 38
... decades since the Founding had given a new , more rau- cous , more populist cast to national politics . No one better epitomized this new populism than President Andrew Jack- son . On the occasion of his inauguration in 1829 , he ...
... decades since the Founding had given a new , more rau- cous , more populist cast to national politics . No one better epitomized this new populism than President Andrew Jack- son . On the occasion of his inauguration in 1829 , he ...
Página 39
... decades to come . Jackson also demonstrated his opposition to internal improve- ments by vetoing bills to provide federal aid for the construc- tion of roads . The most explosive issue facing American politicians North and South proved ...
... decades to come . Jackson also demonstrated his opposition to internal improve- ments by vetoing bills to provide federal aid for the construc- tion of roads . The most explosive issue facing American politicians North and South proved ...
Contenido
1 | |
12 | |
27 | |
47 | |
4 The Age of Reform | 69 |
5 The Business of America Is Business | 88 |
6 The Renewal of the American Dream | 107 |
7 The New Gospel of Wealth | 144 |
SupplySide vs DemandSide Economics | 163 |
9 The Way Forward | 189 |
GDP Consumption Investment Employment Unemployment and Marginal Tax Rates 19512004 | 201 |
Notes | 205 |
Index | 221 |
Otras ediciones - Ver todas
The American Dream vs. The Gospel of Wealth: The Fight for a Productive ... Norton Garfinkle Vista previa limitada - 2008 |
The American Dream Vs. the Gospel of Wealth: The Fight for a Productive ... Norton Garfinkle Vista previa limitada - 2007 |
Términos y frases comunes
administration aggregate demand Ameri American Dream bank BEST Budget Bureau of Economic Bush tax cuts business investment business owners citizens clear the path consumer decades deficit spending demand-side democracy Democratic economic growth economic policy economists effect Engen and Skinner federal government Federal Reserve fiscal policy G.I. Bill GDP growth Gilded Age Gospel of Wealth Historical Statistics Ibid Income and Product income tax rate increase increasingly industrial inflation Kennedy Keynes Keynesian laissez-faire Lincoln low top marginal major marginal income tax marginal tax rates ment MIDDLE middle-class millions monetary policy National Income neo-Keynesian economics nomic personal consumption political President progress progressive tax prosperity Reagan real growth recession reducing reform Republican role Roosevelt Social Darwinism society stagflation supply-side economics supply-side tax cuts tariffs tax cuts Tax Policy taxpayers tion top marginal income top marginal rate U.S. Department U.S. economy unemployment Union United vision workers WORST York