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It went as low as 28 in 1988 and 1989 due to legislation passed under reagan the trickle down theory s most famous adherent.
Reagan trickle down meme. On this simplistic observation reagan seems to have based his economic world view of supply side economics and trickle down there s no knowing for sure. Reagan s trickle down meme emporium. Efficiency creates wealth for the producer but it also may bring down the cost of products to consumers making them effectively more wealthy without any effort on their part. Every republican administration since 1952 has let the military industrial complex loot the treasury and plunge the nation into debt on the excuse of a wartime economic emergency.
The textual content of this image is harassing me or someone i know the visual content of this image is harassing me or someone i know both the textual and visual content are harassing me or someone i know. Richard nixon comes quickly to mind along with ronald reagan and his ridiculous trickle down theory of us economic policy. It s at the heart of the infamous trickle down theory. Every word is true.
The past 40 years have seen a gradual decrease in the top bracket s income tax rate from 91 in 1963 to 35 in 2003. Instead the tax cuts go to the wealthy. Sneering that reagan s policies amounted to cutting taxes on the rich in hopes that some small amount of that money would eventually trickle down into the pockets of workers was perfect. T i defy you to find one just one thing that was just made up in this article.
It says targeted tax cuts work better than general ones. It advocates cuts to corporations capital gains and savings taxes. Trickle down economics also called trickle down theory refers to the economic proposition that taxes on businesses and the wealthy in society should be reduced as a means to stimulate business investment in the short term and benefit society at large in the long term in recent history the term has been used by critics of supply side economic policies such as reaganomics. Meme status confirmed year 2011 origin reddit tags politics caption laugh laughter taxes saying raks1991 ronald reagan george bush sr walter cronkite diana walker oval office trevs231 tommygetyourshinebox godlygibbson additional references meme generator about and then i said is an image macro series featuring stock photographs of groups of people laughing and the caption.
Trickle down theory is more specific. There are links in the article that back up every word of it. The cold war was over and the wall came down during reagan.
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