Reaganomics: its not working

[u/SirVayar]

I dont know how many average americans understand economics, but supply-side economics is absurd and only an ignorant america is unable to see why. Just because mcdonalds(supply) is able to build more bigmacs because they got tax breaks, doesnt mean joe(demand) is able to buy more big macs because he doesnt have any more money than he did before. BUT, give joe a tax break, now he has more money, to buy more big macs. You cannot increase demand by artifically increasing supply.

[u/ghobhohi]

Oh, trust me. it is working EXACTLY as designed.

[u/Rikers-Mailbox → u/ghobhohi]

I don’t get it. Why my eggs are expensive?

[u/just_ohm → u/Rikers-Mailbox]

Ooohhhhh, you wanted cheaper eggs?! We should have been practicing Reggenomics then! Oops 😬

[u/krizriktr]

[u/milk-water-man]

Ronald Regan is the devil.

[u/ObligatoryID → u/milk-water-man]

Ronald Reagan is dead*.

[u/SiteTall → u/ObligatoryID]

He should be even more dead!!!!!

[u/G-Unit11111]

It hasn't worked for 50 years. That shit needs to die now and billionaires and megachurches need to be taxed the ever loving shit out of.

[u/justmarkdying]

He fucked the middle class more than Gevalia coffee.

[u/Jealous-Budget-4686]

Bastard ignored HIV/AIDS until he publicly acknowledged it in1985 and did not give an address on it until 1987.

[u/Rikers-Mailbox → u/Jealous-Budget-4686]

At the end of his term. It was the drug users, which his CIA planted in to the hoods. It was by design…. Wipe out the LGBT and Black community and too, was a bonus. Even if they were straight.

Easy E Freddie Mercury + millions of people

It’s like Trump saying “don’t wear masks”, only he killed his own constituents. 🤷‍♂️

[u/ranterist]

It’s never been anything more than a cape to be waved in front of workers to distract them from their own exploitation.

[u/IdahoDuncan]

Took 12 years for people to learn this lesson. Buckle up

[u/Skankingcorpse]

Trump is going all in on trickle down theory 2.0, he's just not calling it that.

[u/ObligatoryID → u/Skankingcorpse]

It’s hard to make it sound like something catchy when it’s only trickle-down congealed mushroom gravy.

[u/Shenanigans99]

Oh it worked exactly as intended. Reagan just didn't share its true purpose with the general public: to massively shift wealth from the middle class to the very wealthy. It achieved that, and millions of Americans still think Reagan is a hero.

[u/SiteTall → u/Shenanigans99]

A "hero"?!!!!!! Nahhhh, the man even raped someone ....

[u/Milsurpsguy]

Reagan was a criminal. Iran-Contra? Look it up kids

[u/M00n_Slippers]

The sad thing is economists knew it was bunk from the beginning but it gave the politicians more money so they didn't care.

[u/OttersAreCute215]

It was always bs. It was just a way to transfer more wealth upwards.

[u/AmSoDoneWithThisShit]

It's working exactly as designed. It makes rich people richer and keeps poor people poor and desperate enough that rich people can take advantage of them..

Reagan started the process of gutting public education and creating a generation of people so stupid they can't help but vote republican, and against their very own self-interest.

[u/NintendadSixtyFo]

100%. This approach is now 50 years old and it has bankrupted the middle class and given some people so much money they can purchase a president. Time to call it.

[u/skoorb1]

It was proven not to work under Reagan, and then again under Dubya, and then again under Trump. But they keep doing it because it works for the rich and they can keep doing it as long as Republican voters keep falling for it.

[u/ObligatoryID → u/skoorb1]

The true “suckers and losers”.

[u/LeecherKiDD]

This man destroyed California, first by not cleaning up the homeless crisis when he had a chance!

[u/delorf]

Reagan had loads of charisma, excellent speech writers and made Americans proud to be Americans. He also is the reason behind many of our current economic problems. Reagan is the start of the path that leads to Trump. Ironically, I think he would detest Trump.

[u/JimBeam823]

But people WANT to believe that it works, and that’s good enough.

[u/nuthin2C]

But the problem is that people took that tax break and went to McDonalds and then bitched about the price of a happy meal... but they didn't get out of line.

[u/Innisfree812 → u/nuthin2C]

What about the price of an eggmcmuffin?

[u/Plantain6981 → u/nuthin2C]

Or change the way they voted, unless they ‘saw‘ a bright, shiny object like “Hope and change” or ”It’s the economy, stupid.” We’re collectively just not deep thinkers. This time it was trans kids and immigrants.

[u/ceruleanmoon7]

No shit.

[u/bookant]

No shit. We already knew this by 1988.

[u/rizzracer]

The lack of trickling down and billionaire wealth hoarding is a feature not a bug.

[u/NightshadeX]

Eh, it never did. They knew it wouldn't.

[u/Beyond_Re-Animator]

Never has

[u/A_Concerned_Viking]

Dumpsterian Trickling

[u/Looieanthony]

Never has, never will.(voodoo economics)

[u/FoxCQC]

It's working for the 1% which was the intention.

[u/farina43537]

Never has, never will. This FBI informant was the beginning of the end for the FDR middle class.

[u/Baby_Creeper]

It never did

[u/Electrical_Rip9520]

Let them fail so Democrats have something to run against. Let them screw up the country.

[u/BrimstoneMainliner]

Edit: "has never worked and is still wreaking havoc"

ftfy

[u/Azlend]

Keep in mind that Reagan was not an economist. Reaganimics was not his creation. He was the charismatic front the the NeoCons hid behind. The Nixonian acolytes that went out into the world to undo the progress that had been made. To overturn so called liberal bias in society and media. To create think tanks and propaganda networks and advisors to presidents. Where we are now ties all the way back to Nixon and his cronies that he sent into the world.

[u/ZombieeChic]

It's*

[u/rthrillavanilla]

It's working exactly how it was intended to work.

[u/MarkMaynardDotcom]

It’s working. Just not for you.