1. The Great Recession and the American Dream
Another economist, Paul Krugman, holds a similar position, writing that "The lion's share of economic growth in America over the past thirty years has gone to a small, wealthy minority," and that "the lack of clear economic progress for lower and middle income families is in itself an important reason to seek a more equal distribution of income" (2007). ... Robert Reich and Paul Krugman concur with Herbert's analysis and recommend raising taxes (Krugman, 2007). ...
- Word Count: 1826
- Approx Pages: 7
- Grade Level: Undergraduate