This was up there with the Trump tariffs as being the stupidest economic policy in American history
There's no such thing as "trickle down economics" it was made up by Reagan's enemies to somehow debunk the self evident notion that people with more money spend more money.It's like you retards think rich people keep fist under their mattresses, and are willfully ignorant of how banks work.
>>536659767>>536659900don't care. ban usury.
Do you realize that in the 1890s this was called Horse and Sparrow theory, where, if you feed the horses (the rich) extra oats, there would be more oats in the shit for the sparrows (everyone else) to eat. No wonder they had to change the name.
>>536659767I think you are arguing against a strawmanYou cannot find a republican politician saying "Vote for me and I will implement trickle down economics". You will never find an economist saying "Yeah this is trickle down economics and I support trickle down economics"It is like saying you are Anti-Choice, or Anti-Life on the abortion issue. Nobody says it that way
>>536659900That's demonstrably false. Look it up. Poor people spend 100% of their income and rich people have so much they don't know what to do with it. There's a point in finances of needs met and anything beyond that is hoarding and waste, which is what rich people do
>>536659767Trickle down economics does work. If it didn't, then the inverse would work and we could just tax corporations 100% of their income. But the key to any policy that lowers taxes is that you have to lower public spending. If you cut taxes but just run the country at a deficit then the taxes are effectively still there in the form of inflation.
>>536659767>poopjeetshttp://www.google.com/search?q=toilet+witches+indiahttp://www.google.com/search?q=codex+pajeethttp://www.amazon.in/s?k=cow+dung+cakeshttp://www.youtube.com/watch?v=c2Pi4-zWJTg
>>536659767trickle down is what happens when you restrain natural flow.that's why there's inflation but not rise in wages.
>>536659767The technical term is supply side economics and it can be, and has been, beneficial just like tariffs
e kuh neh miks? who the fuck says it like that. its eh ko nom ics
>>536659767Same people, anon. Look it up: Trump/Project 2025 and Reagan are both Heritage Foundation project. The same cult of christian nationalists has been fucking the USA for decades, and their explicit goal is to make the common american stupid and poor so that we lack the knowledge to know when we are being fucked and the power to do anything about it even when we notice.
>>536662856seems like the plan worked
>>536662987You want to know something wild that you probably would have no way of knowing if you are not old enough? For some reason, nobody talk about this:College used to be free. The entrance requirements were steep, you had to earn your spot with good grades or connections, but the government recognizes that the country NEEDED a steady supply of scholars, scientists, engineers, doctors, etc and considered that an investment made for the good of the nations. College tuition was paid for by the states. Ronald Reagan, during his time as governor of california, passed a law making the state-funded schools private. Lowering "taxes" for the state and saving California money, but moving the financial burden onto the students themselves. After California did it other states inevitably followed, creating the entire student debt crises, and setting the board for college to get more and more expensive as a debt extraction industry. The states goal of the policy, by Reagan's economic advisor of the time, was to make college so expensive that anyone who tried to get an education who wasn't an already wealthy elite would be punished for it in an attempt to strangle social mobility and keep the poors stupid where they belonged. You don't hate christian nationalists enough.
>>536659767
funny that lefties don't believe wealth will trickle down from rich people but their entire philosophy is based on hoping that wealth will trickle down from the government
>>536659767Nobody cares about your boomer talking points faggot.
>>536663607if this is true why did my dad who went to college in the 70s before reagan was president have to work in a hospital to be able to afford going to a state college? is he in on the conspiracy?
