reaganomics

Anyone who seriously believes in trickle-down Reaganomics is a fool or a liar.

I think it would be safe to say that most people that buy/bought into Reaganomics would say they are Capitalists.

It's exactly during the 80s that the reaganomics started favoring the rich, and the 90s that saw the rise of China and the new globalisation.

Whatever Reaganomics was, it manifestly wasn't an increase in inflation.

Was that what somebody called reaganomics?

I'm claiming Reaganomics hasn't anything to do with inflation.

> Reaganomics has never worked Depends how you look at it.

> If you tax too much wealthy people, they will leave Are we not tired yet of the various versions of the Reaganomics boogieman?

> I’m not making a Reaganomics supply side argument.

But added to that, the nation soon entered an extremely drastic phase of Reaganomics inflation, and the State of Hawaii responded by giving only minimal salary raises (0% one year and 2% the following), and the entire faculty here at UH was becoming financially desperate.

(I’m not making a Reaganomics supply side argument.) My point is, a dollar before a death tax is worth a lot more than after the death tax --- there’s enormous evidence for that (and even without a death tax based on time value decay alone it is true.) Admittedly, I am assuming that rich people would rather not voluntarily give money to the government, even if they don’t want to give it to their heirs.

There's also no way the institutions could have been closed down so fast as to create the "Reaganomics creates homelessness!" headlines et.

Was it honestly more difficult to say "Reaganomics happened" than it was to say "The '80s happened"?

My own take on all this is that the gold standard factor is minor compared to the "tax efficiency" advantages that Reaganomics gave to unearned income over earned income.

That's when Reagan's economic policies were labeled Reaganomics, a term which our betters dropped like a hot potato when they had their desired effect and Reagan ran a "It's morning in America" 1984 reelection campaign.

The two are not the same, they are connected only by the theory of trickle down Reaganomics.

Reagan massively blew up the national debt with Reaganomics, George W followed in his wake and so did Trump.

Or Reaganomics, or the wars they got us into, their rabid support for the military and uber-rich in our country, the list goes on.