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 Moderndayslave6 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...
by Mike Russo5 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...
by My Esoteric2 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)...
by alexandriaruthk14 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...
by Ryan Buda5 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 Sooner285 years ago
"To say that "the worker has an interest in the rapid growth of capital", means only this: that the more speedily the worker augments the wealth of the capitalist, the larger will be the crumbs which fall...
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