Posted on Dec 21, 2017
Perspective | I’m a Depression historian. The GOP tax bill is straight out of 1929.
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History of Trickle Down Economics
Perspective | I’m a Depression historian. The GOP tax bill is straight out of 1929.
Posted from washingtonpost.com
American History
Taxes
Money
Budget
Economics
Posted 7 y ago
Responses: 4
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Well, that is one perspective. However, there are plenty of case studies showing just the opposite, and in fact, how many of the Roosevekt experiments failed and even lengthened the Depression.
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Insider view of Reagan's supply side economics...
https://www.theatlantic.com/magazine/archive/1981/12/the-education-of-david-stockman/305760/
https://www.theatlantic.com/magazine/archive/1981/12/the-education-of-david-stockman/305760/
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Economists Skeptical That GOP Tax Bill Will Boost Economy
The Republican tax bill is expected to be signed into law just after the new year and with that, President Trump's gamble that the huge cuts in the bill will drive huge economic growth. NPR's Michel Martin talks to economist Alan Blinder about why most experts are skeptical that will happen.
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