SubscribeWeekend Opinionator: Has Obamanomics Vanquished Reaganomics?
“The budget that President Obama proposed on Thursday is nothing less than an attempt to end a three-decade era of economic policy dominated by the ideas of Ronald Reagan and his supporters.” So wrote The Times’s David Leonhardt in Friday’s paper, and it’s hard to disagree. Leonhardt continues:More than anything else, the proposals seek to reverse the rapid increase in economic inequality over the last 30 years. They do so first by rewriting the tax code and, over the longer term, by trying to s
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