Quote:
Originally Posted by kane
What they forget is that Reagan's tax cuts may have helped in the short term, but they caused the debt to skyrocket so in his second term he oversaw one of the largest tax increases in history to make up for it. It's why George H.W. Bush ran on the platform of "Read my lips, no new taxes." Of course, he raised taxes and it cost him.
In the end, trickle down economics doesn't really trickle.
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This is always the case. They remember the short term good, not the end result.
The Bush administration not only took down the entire country, but also took the rest of the world with it. It took us eight years to fix it, and then Trump comes along and removes all of the protections that are preventing this from happening again.
What the fuck? How can people not see this?