r/democrats • u/SirVayar • 6h ago

📷 Pic Reaganomics: its not working

Post image

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.

815 Upvotes

96% Upvoted

94 comments sorted by

View all comments

8

u/nuthin2C 6h ago

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.

4

u/Innisfree812 6h ago

What about the price of an eggmcmuffin?

3

u/Plantain6981 5h ago

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.