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Some More News
Some More News: Everything Bad Is Ronald Reagan's Fault
Jul 10, 2024
This podcast explores how Ronald Reagan's presidency is blamed for numerous issues in America today, from economic inequalities to healthcare and education challenges. It also delves into Reaganomics, wealth disparities, and his impact on student loans. The episode features discussions on Republican party dynamics, supply-side economics, and Reagan's legacy on various aspects of society.
01:09:56
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Quick takeaways
- Reaganomics widened income inequality through tax cuts benefiting the wealthy.
- Reagan's education policies increased student loans, making higher education financially burdensome.
Deep dives
Reaganomics and Neoliberalism
Reagan's economic policies, commonly known as Reaganomics, aligned with neoliberalism, emphasizing minimal government involvement and tax cuts to stimulate economic growth. His signature policy, supply -side economics or trickle -down economics, aimed to benefit the wealthy, resulting in widened income inequality and minimal impact on ordinary citizens. Despite claims of success, Reaganomics failed to fulfill its promises and exacerbated societal disparities.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode