reagonomics

WHY NO ONE CAN END RONALD REAGAN’S “DEAD WRONG” VOODOO ECONOMICS

Venture capitalist Nick Hanauer, a highly visible champion of Seattle’s $15/hour minimum wage, wrote a piece in the Atlantic last month pushing on another front in the war against toxic income inequality. “Stock Buybacks Are Killing the American Economy,” he warned, and getting rid of them would be a tremendous boon to the economy. This latest front rebukes those who …