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. |
Dentro del libro
Resultados 1-5 de 48
Página 2
... percent of the income scale.2 Yet the results were not what the president and his advis- ers predicted . First to disappear were the projected federal sur- pluses . From a surplus of $ 256 billion in 2000 , the federal budget went to a ...
... percent of the income scale.2 Yet the results were not what the president and his advis- ers predicted . First to disappear were the projected federal sur- pluses . From a surplus of $ 256 billion in 2000 , the federal budget went to a ...
Página 3
... percent per year during the Clinton presidency . From the combined stand- point of employment , business investment ... percent was considerably lower than the average annual growth of 3.7 percent during the eight Clinton years . Annual ...
... percent per year during the Clinton presidency . From the combined stand- point of employment , business investment ... percent was considerably lower than the average annual growth of 3.7 percent during the eight Clinton years . Annual ...
Página 5
... percent . Some of the steps the government took , including a tax increase in 1932 , actually made conditions worse . Perhaps most gallingly , the otherwise compassionate president Herbert Hoover adamantly opposed any federal spending ...
... percent . Some of the steps the government took , including a tax increase in 1932 , actually made conditions worse . Perhaps most gallingly , the otherwise compassionate president Herbert Hoover adamantly opposed any federal spending ...
Página 9
... per- cent to 28 percent.4 By the end of the Reagan administration , however , few mainstream economists regarded the supply - side tax cut “ ex- periment " as a success . In the first place , the tax cuts had obvi- ously not " paid for ...
... per- cent to 28 percent.4 By the end of the Reagan administration , however , few mainstream economists regarded the supply - side tax cut “ ex- periment " as a success . In the first place , the tax cuts had obvi- ously not " paid for ...
Página 19
... percentage of his income in taxes than his office receptionist.1 But President Bush and his economic advisers argued ... percent . If you pay taxes , you ought to get relief . Everybody who — but everybody benefits , I'm convinced , when ...
... percentage of his income in taxes than his office receptionist.1 But President Bush and his economic advisers argued ... percent . If you pay taxes , you ought to get relief . Everybody who — but everybody benefits , I'm convinced , when ...
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