Steelplate
Bluesman
As you all know, I firmly believe it did. I liken it to another ideology based on optimism... Communism.
Trickle Down says "give the rich tax breaks and as they make more money, they will trickle it down to the working and Middle Class in the form of higher wages" basically making the idea of a Union to keep an employer honest as obsolete.
Communism says to share wealth equally with all members of society.
They are both flawed in the same way... they don't take into account one thing... Greed.
Communists don't take into the account the greed that people in power can have... therefore, Most Communist Countries tend to be Governmental Dictatorships that dupe the general Public into thinking they are getting their fair share, but those in power are almost always skimming for themselves and giving the general population less than their fair share.
Reaganomics does pretty much the same thing, except that it's not governmental greed that is the problem... it's Corporate, Trade and Banking Greed. Over the past 30 years(or post-Reagan), we've seen a downhill slide in the lives of the Average American. While we've seen Great money flowing into the upper echelon of our society... so in fact, they aren't trickling down like they did when Reagan first won the election on this simple, mostly sound idea.
Trickle Down says "give the rich tax breaks and as they make more money, they will trickle it down to the working and Middle Class in the form of higher wages" basically making the idea of a Union to keep an employer honest as obsolete.
Communism says to share wealth equally with all members of society.
They are both flawed in the same way... they don't take into account one thing... Greed.
Communists don't take into the account the greed that people in power can have... therefore, Most Communist Countries tend to be Governmental Dictatorships that dupe the general Public into thinking they are getting their fair share, but those in power are almost always skimming for themselves and giving the general population less than their fair share.
Reaganomics does pretty much the same thing, except that it's not governmental greed that is the problem... it's Corporate, Trade and Banking Greed. Over the past 30 years(or post-Reagan), we've seen a downhill slide in the lives of the Average American. While we've seen Great money flowing into the upper echelon of our society... so in fact, they aren't trickling down like they did when Reagan first won the election on this simple, mostly sound idea.