iilluminaughtii cover image

Miserable and Broke in the US? Blame Reagan | Dark Dives

iilluminaughtii

00:00

Reagan's Trickle-Down Economics Plan

Ronald Reagan believed that slashing the tax rate in the highest tax bracket would have a trickle-down effect. Between 1989 to 2019, the wealthiest 1% of Americans have become $29 trillion richer. The plan was for the wealthy people, aka those who supply the goods, to hire more people and increase wages,. But that hasn't come to fruition at all.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app