One of the biggest myths the socialist liberals love to perpetuate is that only the rich benefit during periods of low taxation and economic growth such as under president Reagan in 1982-1988. They say that the standard of living of the middle class is falling. But nothing could be further from the truth. A favorite liberal tactic is to ignore the economic cycle and compare times of recession to an economic pique of the past. This chart from a 1997 Heritage Foundation article illustrates this... Read More→