Economics Education, Reaganomics Legacy, Public Policy, and Americans.
Ronald Reagan’s policies (or those written for him) created the supply side, trickle down, ass backwards, form of “freestyle” capitalism we have had for 40 years. They have led to the downfall of the middle class and the destruction of Public Education.
Obviously, economic policies have far-reaching effects.
Too many Americans have too little knowledge of economics other than the crap they are sold by mostly Republican and Democratic propagandists, bought by corporate and financial world interests.
And what do Americans know to combat that propaganda? Not much.
The basic course in economics given in High School (in those states that require it) is usually taught through textbooks with tables of content that look like this:
