A Comment About

Spain Smacked by a Dose of Economic Reality

June 14, 2008 - 12:10 am - by Soeren Kern
Chris
2008-06-16 13:31:21

Sorry to sound snarky, I just meant to say that not everything that happened in the early 80′s was a direct result of Reagan policies.

It is difficult for me to understand how a tax cut for the poor (even though the rich got a bigger one) made the poor poorer. There had to have been other factors in involved and I suspect the collaspe of US car and cheap electronics industries had a lot to do with it.