Reaganomics, Trickle Down Prosperity or an Illusion. The four main pillars of Reaganomics were tax cuts, deregulation, cuts to domestic social spending and reducing inflation. Taxes were cut, regulations reduced, social spending reformed and inflation reduced.
What were the side effects of this controversial strategy? Wealth gap increased, regulations expanded for social problems legislating morality, social spending and deficit spending on ear marks out of sight .... AKA Obama Care, expansion of Medicaid spending for provider income not outcomes driving up debt, inflation increasing as the cost of interest instruments and currency printing by the Federal Reserve for stimulus for closing down America small businesses, churches, and schools during a Public Health failure managing a so called Covid-19 Pandemic.
Does this mean Reaganomics was a failure. No, but it wasn't a cure all either. It just inspired incompetent do gooder’s to take over and call it the new world order of DEI and ESG socialist dreams destroying the American Dream of individual risk taking, prosperity and equity ... equality is a nightmare for all races since it promotes equality rather than effort and risk taking ... the tenets of free enterprise. Resulting in BBB build back bigger government with no accountability for insurmountable debt and spending under the guise of Climate change, energy and open borders.
Allowing the world of trade to slip through our grasp as the propaganda machine cultivates mind control and zeitgeist socialism (those who are intellectually superior shall rule). Just another caste system for those who have the wealth shall rule, and all others shall support the wealth gap.
Isn't that what the progressives claim to fix. Ha, Ha you have fallen for the intellectual idiot philosophy ... own nothing and be happy as taught in our public schools. Identity is the measuring stick not the carrot. The carrot is eaten up by the have nots who will revolt and overthrow the BBB believers.
George Orwell describes this process very well in Animal Farm, and 1984 for you disbelievers. Ameri an Enterprise is the solution to an impending revolution, that can be peaceful with the right leadership. Entrepreneurs bui8ld it and they will come from all aspects of America the Bountiful ... small is better than BBB. Decentralized is better than BBB.
Fortunately, our constitution is what protects the American Dream from turning into the American Nightmare, being proposed by the zeitgeist socialists, that fail to understand the power of Human Capital in America and China, the supremacy vying opponents in the New World Order of trade, health and prosperity.
The Golden Rule only works if the holders of the gold can mine it and make it into a carrot instead of a stick That’s the new golden rule that will rule the world of humans who want the carrot to work and prosper ... not being surveilled, coerced and intimidated by intellectuals who don't contribute to the GDP or its dispersion. America a country of 50 republics being run like the Catholic church where the priest gets away with anything due to no accountability standards but cylibacy. Our governores aren't helded to any financial or social standards individualy or collectively measurbale. As a result our country is in free fall financially, unhealthy and losing our nuclear families.
With our social behavioral standards watered down by vulgarity in the media, violence in our cities and failure of our governing bodies, change is imminent or our country will be overtaken by tyrannical and oppressive factions disguised as political leaders. Those with the backing of BBB philosophy stating they represent Diversity Equity and Inclusion and Environmental Societal Governance are stakeholders not based on lazes faire enterprise but by zeitgeist socialism.