Description
Book SynopsisPresident Reagan''s Conservative Fiscal Policy explores how the Reagan administration''s (1981-1988) fiscal policy changed the national economy and adversely impacted unemployment among African Americans. This work features detailed analysis of Reaganomics, supply-side fiscal policies, and major budget cuts to domestic employment training programs, such as the Comprehensive Employment and Training Act (CETA) Program, as they relate to African Americans'' unemployment levels and President Reagan''s style of leadership and conservative ideology. Author Chiazam Ugo Okoye also scrutinizes three specific tax relief acts: The Economic Recovery and Tax Act, 1981 (ERTA); The Tax Equity and Fiscal Responsibility Act, 1982 (TEFRA); and the Tax Reform Act of 1986 (TRA).
Trade ReviewDrawing upon a wealth of statistical and researched data, President Reagan's Conservative Fiscal Policy criticizes economic models that treat labor as no more unique or differentiated a commodity than organge juice, and question the value of programs to help the unemployed in the Reagan era that targeted those job-seekers who needed help the least. Stressing that discrimination has been severely underplayed rather than regarded as a primary cause of African American unemployment, President Reagan's Conservative Ficscal Policy decries America's failure to break a vicious cycle of poverty, crime, and unemployment among African Americans and meticulously dissectes what did not work for the benefit of future efforts to combat this social problem. Highly recommended. -- Willis M. Buhle, Reviewer, Buhle's Bookshelf * Midwest Book Review *
