As of 2023, studies have not shown that there is a demonstrable link between reducing tax burdens on the upper end and economic growth.
#BothSides have had an opportunity to fix this but #BothSides seem to believe in the policies to varying degrees because #BothSides are the ones primarily benefitting financially from it.
Reagonomics, easy.
Destroyed the Middle Class. That regular job ain’t getting shyt done anymore.
Massive tax cuts to the wealthy thinking they’ll trickle that back to the people was such a stupid thing to fall for. You can’t trust a greedy little crap.
Trickle-down theory - Wikipedia
en.wikipedia.org
40 years this “theory” has been wrecking us. At what point does this “theory” get marked as “incorrect”? By the way, that graph doesn’t include the 2020. See how that looks.
The drug game changed folks mindset
The ability to get quick cash, the clothes, the cars, etc etc had brothers killing each other and black families to get cash
Then that whole mindset hit the sisters who was like im not dating you , you working at that plant, you working at that store, meanwhile darnell driving around in a lexus, benz, etc getting money and boom here come single parents home, and nikkas going to jail
Then regan and the welfare system comes in and destroys the hood as well
And finally that whole feminism shyt white women pushed with the whole you don’t need a man, but when the white man said ok ill get a Asian Woman, white women quickly abandoned that shyt , however many of our sisters stuck with it
OVERALL THERES A WHOLE A LOT OF shyt THAT fukkED UP THE COMMUNITY