With the market lows today, nd the proven failure of Trickle Down Economics in 80's, how is now dif?
What's going to be different between the failure of trickle down Economics of the 80's than tht of today? Trump's plan is Reagan's 1980's plan. It was a huge failure.
Trump's plan is not Reagan's plan. Reagan was not a protectionist. He did not advocate tariffs. His administration supported free movement of labor and capital. Taxes needed to be lowered. Review the top tax rates in the late 70s and early 80s.
The Administration also got immigration reform through the Congress. Read Mr. Reagan's statements regarding immigrants and you will see the difference.
Also, Reagan never countenanced to the Soviets/Russians' influence and attempt at expansion. He saw them for what they were: evil dictators bent on world domination. No need to "respect" them. What Trump and his supporters say about Putin is embarrassing. It's driven mostly by race. Putin is a "white" strongman.
Please never compare Ronald Reagan to Trump. Pains me to hear. Go back and look at the record. It does a great disservice to his memory and to the country.
Trump will never, ever come close to the man.
by Moderndayslave 7 years ago
With the income gap between the wealthiest American's and the soon to be decimated middle or working class ever increasing. How much more proof do you need that tax cuts for the wealthy isn't creating jobs or supplying wages that are holding their own against inflation....
by Mike Russo 6 years ago
The next time someone tells you that Obama is destroying the economy, remind them that the stock market and corporate profits are at all-time highs.When they tell you that this hasn't helped them, remind them they've just admitted Trickle-Down Economics doesn't work.All comments are appreciated.
by My Esoteric 3 years ago
The bottom line of President Reagan's Right-wing endorsed economic policy is that "if you put more money in the hands of the wealthy, it will, 1) Expand the economy, 2) Let the boat rise with the economy, and 3) Prosperity will "Trickle-down to expand the middle class.None of those things...
by alexandriaruthk 23 months ago
What is the trickle down theory in economics and is it really effective?Some economic policies justification is that of the trickle down effect. what does this concept mean and how can you know if it really works. Can you really assess it? Please explain.
by Ryan Buda 6 years ago
What is the evidence of the trickle down effect of economics?Many politicians claim that wealthy companies equal investment in the people. Is this the best method of mutual growth?
by ptosis 14 months ago
yea or nea? Are you HAPPY! that the richest .01% get less taxes? I mean - they did earn it didn't they?Do they just work harder? Is everybody else just stupid and lazy? Hard work will only get you so far if circumstances aren’t amenable. Do you believe that “If you’re still poor at 35, you...
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