Was trickle-down economics successfully practiced?
understand general ideas of trickle-down economics--cut income taxes , corporate tax rates cause business expansion , job growth. ever practiced successfully? know during reagan's presidency cut taxes increased government spending, tripling federal debt. happen if practiced trickle-down economics while reducing size of federal government, eliminating unnecessary programs , agencies? happen if decided stop foreign aid , reduce defense spending? understand spends on defense. i'm no economist, , haven't taken class yet, curious. know can't give me definite answers, considering it's theoretical, hear opinions
i understand general ideas of trickle-down economics--cut income taxes , corporate tax rates cause business expansion , job growth. ever practiced successfully? know during reagan's presidency cut taxes increased government spending, tripling federal debt. what...
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