"One has to belong to the intelligentsia to believe things like that: No ordinary man could be such a fool."  - George OrwellRobert Reich, professor of public policy at the University of California, Berkeley and the former Clinton Administration Secretary of Labor thinks we are all idiots. In an opinion piece in the Wall Street Journal entitled "Obamanomics Isn't About Big Government," Mr. Reich tells us that catastrophic government spending, un-constitutional legislation, uncontrolled earmarks, corruption, cronyism-bloated bureaucracies, class warfare, and social engineering are "trickle-up economics." Reaganomics surely marked the beginning of one of the longest bull markets in American history and generated enormous gains at the top. But its benefits were not widely shared. After the Reagan tax cuts, growth in the median wage slowed, adjusted for inflation. After George W. Bush's tax cuts in 2001 and 2003, the median wage dropped. Meanwhile, an...(Read Full Post)