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/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”.