New analysis of the changing US economy and its affects on American workers

by E Wayne Ross on February 20, 2007

ZNet: Neo-Liberal Economic Policies in the United States: The Impact on American Workers

by Kim Scipes

Although most discussions of the impact of neo-liberal economic policies focus on the countries of the Global South, these policies have been implemented in the United States as well. This began in 1982, when the Chairman of the US Federal Reserve, Paul Volcker, launched a vicious attack on inflation in the US money supply—and caused the deepest US recession since the Great Depression of the late 1920s-1930s.