As inequality grows, the rich become more powerful than the rest of the population, enabling them to veto any policy that impedes their one-sided enrichment. They also become less empathetic toward the rest of the population, whose lives seem less similar to their own with each passing year.
Name the hawkish former president that liberals love to hate who cut taxes shortly after taking office, presided over a booming economy with low unemployment, reduced the national debt and whose legacy shapes much of today's debate.
Unless we want an America that is a tale of two cities, a tale of two nations, a "Downton Abby America on steroids," then let's hope that the refreshing message of progressives such as Bill de Basio seize the moment, and the public votes a stop and frisk of Reaganomics.
America has lost the recipe for true prosperity. We've forgotten that a healthy economy depends upon steady consumption by working Americans. We've decided to ignore the chasm between the rich and poor.
Republican policy no longer represents the teachings of Jesus. The GOP favors the rich and ignores the poor, disadvantaged, sick, elderly, long-term unemployed, and other unfortunates. Republicans may be religious, but they're not Christians.
Reagan was elected at a time when America was still reeling with self-doubt over its defeat in Vietnam. Though his optimistic campaign message promised better days ahead for the country, his positions on civil rights issues looked backward, not forward.
Every major event in the last decade has exposed Pax Republicana as a crumbling empire based on false ideologies, none more dangerous than believing in the Tax Fairy that magically grows the economy and fills the treasury when Congress cuts taxes on the wealthy.
A new book by an award-winning journalist, Timothy Noah, draws on a broad range of social science research to illuminate the magnitude and causes of the growing income disparity between the most affluent segment of American society and everyone else.
We could learn a lot from the election of 1912 where a third and fourth party shook up the foundations of corporate control. It's a disgrace that 100 years ago the United States could run an election with far greater choices than it is capable of running today.
Understanding Romney's perspective helps crack his campaign code. When Romney says Obama made the economic crisis worse, he means Obama did not follow Republican advice and do nothing; Obama did not stand by and let the economy crater.
This month the Republicans took a stand against tax cuts because of the fiscal implications of those cuts. For the first time in recent memory, Milton Friedman and the Republican Party of my grandfather were redeemed. This was a significant point that should not be lost.
Trickle-down economics has been tried, the president recently said, and it "has never worked." Is he right? Or is this just more political blather? To see, we need to go back to basics, back to Reaganomics.
After ten years of war, it seems Washington not only continues to lack a comprehensive understanding of Afghanistan, but it lacks an understanding of its own role in creating both the economic and political catastrophe it now faces.