The Damaging Effects of Reagan's Supply-Side Economics

This chapter discusses the global impact of Reaganomics. The United States became a net importer during Ronald Reagan's first term as a president. The ... Here's how Reagan's tax cuts in the 1980s favored corporations and the wealthy, setting the stage for 'trickle-down economics' as we know it ... Both President Herbert Hoover's stimulus efforts during the Great Depression and President Ronald Reagan's use of income tax cuts were described as “trickle- ... Almost every issue in America, from political to economic, from social to financial, can be traced back to Ronald Reagan. Reagan expanded the Carter administration's efforts to decontrol and deregulate the economy. Congress deregulated the banking and natural gas industries and ... increased wealth inequality · an increase in corporate bankruptcies · inadequate tax cuts · increased government spending ... Margaret Thatcher, Ronald Reagan and Donald Trump were all elected on promises of major tax cuts for top earners, arguing that freeing up money for the ... The first 100 people to use my promo code LEEJA40 will get 40% off their first order of Hungryroot at https://bit.ly/3Rmne2z | From trickle ... When Ronald Reagan stepped into the Oval Office in 1981, the United States faced a challenging economic landscape. High inflation, escalating unemployment, ... Reagan's primary goal upon taking office was to stimulate the sagging economy while simultaneously cutting both government programs and taxes. His economic ...