A Student's Reading of The Politics of Rich and Poor

A Student's Reading of The Politics of Rich and Poor Often times, a political analyst/scientist will write a book on the politics and economics of the time. This writer may also create a work which emanates views contrary to the opinion of the governing body. Rarely, however, does one find an analyst who will clearly undermine his own political party by, in effect, saying, 'I told you so.' Kevin Phillips, editor-publisher of The …

…trillion dollars in assests compared to Japan's 43.7 trillion dollars. Most of Japan's new capital was formerly American owned companies and property. This trend in foreign ownership was a leading factor in the decline of our economic system during the eighties. Clearly, the Japanese were not the only reason for the slip in American economic history. Phillips' other reason for the downfall was the lack of Ronald Regan's party to control a 'happy medium' for everyone