I have now read several times -- starting with Galbraith in his introduction to the 4th Ed. of The Affluent Society -- that David Stockton, Ronald Reagan's budget director, admitted that "Reaganomics" and "Supply Side Economics" were little more than claptrap subterfuge aimed at destroying social services, increasing taxes on the middle class, and helping the rich get richer.
It's not that I'm stupid or ignorant (or like to use a blog to admit I just might be) but really to ask the question, again, if "we" know these things why don't "we" do something about it? This naked ambition coming from the current administration, for instance...
Not that I'm advocating Communism, or anything.
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