With the market lows today, nd the proven failure of Trickle Down Economics in 8

  1. IntimatEvolution profile image79
    IntimatEvolutionposted 17 months ago

    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.

  2. lions44 profile image98
    lions44posted 17 months ago

    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.

 
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