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In the 1970s and 1980s, critics of high levels of state intervention in the economy blamed slow ...

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In the 1970s and 1980s, critics of high levels of state intervention in the economy blamed slow ...

In the 1970s and 1980s, critics of high levels of state intervention in the economy blamed slow economic growth and high unemployment on a number of factors, including:
a.   low tax rates that contributed to economic inequality.
b.   deregulation that made it easy for businesses to push spillover costs onto the public.
c.   cuts in government spending that made it harder to address social problems.
d.   welfare policies that discouraged people from working.

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Carla A.

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