Reagan was wrong. Hating the Middle Class supported by union wages is completely wrong.

Reagan was the turning point in the USA. Reagan was the paradigm shift that stood American values on it's head. He said, Labor is getting away with exploitation of every Corporation in this country. 

The came the China invasion and the Bushes pushed the American laborer out of the way. 

The USA economy has always been built most successfully from the bottom up. The minimum wage supports Middle Class incomes by raising the wage standard. It increases circulating capital, increases the wealth of Americans.

The American Minimum Wage raises all boats and strands none.

The best American economy leading to a diminishing impoverishment of the people and increased quality of life is when the Middle Class flourishes and commands the American Dream. The only way to successfully reduce the national debt and deficit is to increase the income of Americans, thus increasing the tax base. The USA economy grows when the majority of Americans do well.

Reagan was completely wrong. Once the money goes to the top it stays there and poverty grows.