What ever happen to the trickel down therory.?
- Gray BoldLv 77 years agoFavourite answer
It couldn't be sustained. Also known as Reaganomics, all the tax cuts for wealthy Americans caused the national debt to rise from $900 billion to $2.8 trillion during Reagan's presidency.
- choko_canyonLv 77 years ago
It became the "trickle" down theory and was proven to be in error. It's also an issue that wouldn't have been posted in this section, if you had known what you were doing.
- ?Lv 57 years ago
It all trickled into koch bothers mines, pocket and GOP politicians
- Anonymous7 years ago
it has never been truly tried as far as i know . the closest any one has ever come is;
reaganomics failed to actually shrink the government , witch is an integral part of the theory.
it never trickled past the cronies pockets.
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- Silence DogoodLv 77 years ago
Look at you being all clever, putting this in mythology and folklore.