Reich Gives the Low Down on the "New Economy"

Since 1980 the Republicans have sold Americans on a "trickle down" economy that gave big tax cuts to the "job creators" with the promise that the bottom 99% would soon be drowning in high-paying jobs unleashed by the "entrepreneurial creativity" of the rich. With unemployment headed for 10% and many millions recently homeless due to foreclosure, many wonder where that "trickle down" miracle supposedly delivered. Who got the big bucks?

Here's Robert Reich spilling all the beans: