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[A] lot of people have looked around after 28 years, from when they were promised all these things by Ronald Reagan... [and] realized that for the bo… - David Cay Johnston
" "[A] lot of people have looked around after 28 years, from when they were promised all these things by Ronald Reagan... [and] realized that for the bottom 90% of Americans incomes are unchanged... even though the country is more than twice as wealthy in real terms, and productivity per capita is up 70%; for every dollar the economy put out back then, per person, in real terms, it puts our $1.70 today. And they've said, "Where's the beef?" ...[T]hat disconnect is ...opening up an opportunity to get people to see what the government has done that's contrary to their interests, because Adam Smith said "Any policy that benefits the majority of the people must be a good thing for the society."
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About David Cay Johnston
(born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 , and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for , writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for and , and is the board president of , Inc. (IRE).
Also Known As
Birth Name:
David Cay Boyle Johnston
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DC Report
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Additional quotes by David Cay Johnston
Trump is the first president to pose numerous questions about whether he is receiving income from foreign governments, which the Framers felt was inherently corrupting. He is also the first to present the issue of profiting from spending by federal, state, and local governments with payments that the Framers denied... How these cases are resolved will likely have an enormous influence on whether the American Republic endures...
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