Book Overview
This book, first published in 2007, describes the sharp right turn the United States has taken following the election of Ronald Reagan as president in 1980. The treatment details how the policies pursued by the Reagan administration were a break from both the policies pursued by prior administrations and those pursued in other wealthy countries. The Reagan administration policies had the effect of redistributing both before- and after-tax income upward, creating a situation in which the bulk of the economic gains over the last quarter century were directed to a small segment of the population. The analysis explains how both political parties have come largely to accept the main tenets of Reaganism, putting the United States on a path that is at odds with most of the rest of the world and is not sustainable.
Format:Paperback
Language:English
ISBN:0521677556
ISBN13:9780521677554
Release Date:March 2007
Publisher:Cambridge University Press
Length:290 Pages
Weight:0.90 lbs.
Dimensions:0.6" x 6.0" x 8.9"
Customer Reviews
3 ratings
Getting a Handle on 25 Years
Published by Thriftbooks.com User , 17 years ago
Good compact survey of economic and political trends since 1980. Baker correctly (I believe) sees that date with the election of the arch-conservative Ronald Reagan as a watershed year. The narrative follows chronologically from the 1980 threshold and its background in the feckless Carter administration. Graphs and tables are included to buttress his points but do not disrupt the flow. It's not a polemical or particularly partisan work, though a critical undercurrent is sensed from time to time. Social issues such as gay rights, abortion, and other leading movements including the rise of religious fundamentalism are also discussed but not emphasized. There's not a lot of depth, though he's clearly most comfortable discussing causal factors shaping economic policy. Thus considerable light is shed on economic policy, particularly during the Reagan years. Put in perspective, the rightward swing over the past 25 years is unmistakable, as business backers see an opportunity to jettison or fatally weaken decades of fettering regulation. Now is a good time-- with the Bush debacle-- to get a handle on what this swing has wrought. Baker's handy little tome is a good place to start.
Enlightening and Entertaining
Published by Thriftbooks.com User , 17 years ago
Fast reading and informative. I'll never view our goverment in the same light. The work was carfefully researched, the footnotes are plentiful. Once you read the first page its unlikely you can put the book down till its completed.
Dean Baker is the best
Published by Thriftbooks.com User , 17 years ago
This book isn't what I expected. I wanted more facts and information on how the middle class has lost ground since 1980. This book is a good overview of government policy for the past twenty five years. You walk away from this book with a good overview of history. I'm going to have to dig a little deeper for the actual data that this book was based upon. I'm a huge Dean Baker fan. Most economists are slaves to their perspectives. It's really hard to get good economic and fiscal views outside the corporate American view. Baker allows us to be free. Baker predicts a recession this year because of the housing bubble. Lets see how accurate he is. I'm betting on Baker. Don't bank on the Wall Street guys, they seem more interested in protecting their clients than getting you truth.
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