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> they were trying to create a better world for the next generation I don't see a lot of evidence for this, except perhaps Reagan's program of deficit spending
by marshray 9y ago
> they were trying to create a better world for the next generation
I don't see a lot of evidence for this, except perhaps Reagan's program of deficit spending on an arms race to bankrupt the 'evil empire'. Maybe people should be forgiven for believing in the trickle-down lie once, but it's now simply a transfer of wealth scam.
- dnautics 9y agoWell the current neoliberal program of low or negative interest rates to stimulate economic growth and 'reinvestment' is basically trickle-down, too, just in a less direct fashion plus actively impoverishing the poor (instead of merely taking less from the rich). So it's basically still believed - just as a more obfuscated scam.