American Workers

Trickle-Down Legacy: Reagan Policies Make Inequality Structural Feature

1985-01-01 00:00:00 +0000 UTC | Importance: 8/10

By mid-Reagan presidency, the structural mechanisms of permanent upward wealth redistribution are firmly established: union-busting destroys worker bargaining power, tax policy rewards capital over labor, financial deregulation enables speculation and asset stripping, and weakened antitrust …

Ronald Reagan American workers Wealthy elite Corporate executives trickle-down inequality reaganomics economic-legacy structural-inequality

Reagan Era Wage Stagnation: Real Wages Decline as Inequality Accelerates

1981-01-01 00:00:00 +0000 UTC | Importance: 9/10

Real wages for American workers begin a prolonged period of stagnation and decline during the Reagan era, with median hourly wages falling nearly a dollar from $16.90 to $16.00 between 1980-1990. Average real hourly wages for production and nonsupervisory workers—representing the vast majority of …

Ronald Reagan American workers Labor unions Corporate America wage-stagnation inequality reaganomics workers labor +1 more