'… a highly readable and concise overview of economic and political developments in the US in the last quarter century.' Transfer

This book, first published in 2007, describes the sharp right turn the United States has taken following the election of Ronald Reagan as president in 1980. The treatment details how the policies pursued by the Reagan administration were a break from both the policies pursued by prior administrations and those pursued in other wealthy countries. The Reagan administration policies had the effect of redistributing both before- and after-tax income upward, creating a situation in which the bulk of the economic gains over the last quarter century were directed to a small segment of the population. The analysis explains how both political parties have come largely to accept the main tenets of Reaganism, putting the United States on a path that is at odds with most of the rest of the world and is not sustainable.

1. Turning away: the United States breaks ranks
2. Setting the scene: the United States in 1980
3. The Reagan revolution I - running to the right
4. The Reagan revolution becomes institutionalized
5. The Republican tidal wave and the Clinton Boom
6. The Bush Administration and the war on terrorism
7. The United States in 2005: the impact of the last quarter century.

Subject Areas: Economic history [KCZ], Economics [KC], Politics & government [JP], Military history [HBW], History of the Americas [HBJK]