Reagan era 'prosperity'
1988 1988-10Read it in the scan (PDF at ETOL), page 7 →
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By CHARLIE George Bush has been touting the "prosperity" of the Reagan era as his trump card in the current election year ballyhoo. He constantly refers to the 17 million jobs created under the Reagan administration and points with pride.to a Gross National Product (GNP) which has expanded for 70 months as of this writing.
If measured against the depths of the manufactured depression of 1982, he has a point. In 1982, median household income fell to $22,480 in constant 1985 dollars. In 1985, using the same standard, it rose to $23,618.
What Bush is trying to do is claim that a recovery from a recession is "prosperity.
A closer look trends
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Hear about the fight of the Polish workers!
tour 12 U.S. cities in October and November to speak on "Solidarnosc: The Struggle for Workers' Democracy in Poland." empty-handed, though he was convinced,