The Cato Institute agrees with you:
http://www.cato.org/pubs/pas/pa-261.htmlQuote:
The poorest 20 percent of Americans experienced a 6 percent gain in real income in the 1980s and have suffered a 3 percent loss in income in the 1990s. Figure 13, which compares the income trends for the poorest fifth of Americans over the past 20 years, shows that the poor did the best during the Reagan years. Black Americans saw their incomes grow at a slightly faster pace (11.0%) than whites (9.8%) in the Reagan years (see Table 9).
This is actually an extremely interesting article, as it explodes a lot of myths about Reaganomics by looking at data, not anecdotal conjecture.
