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Sweatshop - Pure Drama
Political Fray
Is Reaganomics starting to run out of steam?
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<blockquote data-quote="Joe" data-source="post: 854655" data-attributes="member: 9"><p>The Reagan Revolution or Reaganomics was hailedin the 1980s and 90s as the saviour of the American economy. Low taxes for the rich, increases in productivity while the Middle Class subsidized them all these years.</p><p></p><p>But lately, this miracle appears to be sputtering. Massively high deficits. A disappearing Middle Class in America and other nations where there is an insufficient tax base to support the economies which promoted Reaganomics for the past 40 years. In fact the global economy might be on the brink of collapse.</p><p></p><p>Isn't it time to chuck out Reaganomics and reform the system? It's rather evident that NeoConservative economics is a sham to reinforce the power of the Elites.</p><p></p><p>Seems the rich have gotten theirs for the past 40 years and the system isn't working anymore.</p><p></p><p>Any thoughts?</p></blockquote><p></p>
[QUOTE="Joe, post: 854655, member: 9"] The Reagan Revolution or Reaganomics was hailedin the 1980s and 90s as the saviour of the American economy. Low taxes for the rich, increases in productivity while the Middle Class subsidized them all these years. But lately, this miracle appears to be sputtering. Massively high deficits. A disappearing Middle Class in America and other nations where there is an insufficient tax base to support the economies which promoted Reaganomics for the past 40 years. In fact the global economy might be on the brink of collapse. Isn't it time to chuck out Reaganomics and reform the system? It's rather evident that NeoConservative economics is a sham to reinforce the power of the Elites. Seems the rich have gotten theirs for the past 40 years and the system isn't working anymore. Any thoughts? [/QUOTE]
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Sweatshop - Pure Drama
Political Fray
Is Reaganomics starting to run out of steam?
