Of inflation

And unemployment

Which was what reaganomics did

Trickle down?

No

Bad meme word

Supply side

Economics

Reaganomics was simple

address inflation by reducing gov spending

It worked didnt it

That didnt necessarily improve economy

Nvm

Address unemployment by

Reducing regulation

Btrb

It did improve the economy actually

🤔

Critics of it point to rising inequality though

Rising inequality

Resulting from?

Tax cuts

I see

Though everyone got them, the wealthiest got the biggest breaks

Overall though, everyone’s lives did improve and incomes went up

So, essentially, trickle down then

In a way

No

Here’s the difference

Trickle down refers to mainly breaks for the wealthiest, assuming that they’ll invest that money in business, and it goes down to workers wages rising eventually

Supply side is tax cuts for everyone at the same percentage

Or even flat tax

I see

Both in practice had the wealthiest taxed at the highest percentage though

What do you mean

You said tax breaks for the wealthy in trickle down

I did

Percentage wise

But in both cases, the wealthiest do have the highest taxes to pay in percentages

Supply side for example is a 5% break for all income groups