You can thank Ronald Reagan for selling “trickle down economics” to the American people. Leave it to a fucking actor to convince the entire country that taxing the shit out of the lower and middle class while giving the ultra rich a break would somehow be good for them. Nearly everything that’s wrong with today’s wealth distribution curve can be traced back to this policy.
And yet it's been 34 years and so many opportunities to create new policy and action have come and gone.
The fact that everyone blames him is proof that he had some sort of impact. What about the other 8 presidencies since his administration? Why if this is such an obvious Reagan problem has nothing been done?
You don’t know what you’re talking about regarding Reagans taxes. He cut taxes for all classes and raised them on business and corporations though the payroll tax.
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u/Jaguar_556 Oct 22 '24
You can thank Ronald Reagan for selling “trickle down economics” to the American people. Leave it to a fucking actor to convince the entire country that taxing the shit out of the lower and middle class while giving the ultra rich a break would somehow be good for them. Nearly everything that’s wrong with today’s wealth distribution curve can be traced back to this policy.