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"Surrender - How the Clinton Administration Completed the Reagan Revolution" icon

Surrender - How the Clinton Administration Completed the Reagan Revolution

Michael Meeropol argues that the ballooning of the federal budget deficit was not a serious problem in the 1980s, nor were the successful recent efforts to get it under control the basis for the prosperous economy of the mid-1990s. In this controversial book, the author provides a close look at what actually happened to the American economy during the years of the "Reagan Revolution" and reveals that the huge deficits had no negative effect on the economy. It was the other policies of the Reagan years— high-interest rates to fight inflation, supply-side tax cuts, reductions in regulation, increased advantages for investors and the wealthy, the unraveling of the safety net for the poor—that was unsuccessful in generating more rapid growth and other economic improvements. Meeropol provides... Show More
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