Apart from doubling the national debt?Originally Posted by SwampdonkeyPLD
Apart from doubling the national debt?Originally Posted by SwampdonkeyPLD
Sure. I've never heard it criticized before.Originally Posted by Correction
Originally Posted by SwampdonkeyPLD
trickle-down travesties?
supply-side stupidity?
<ben stein>
Today we have a similar debate over this. Anyone know what this is? Class? Anyone? Anyone? Anyone seen this before? The Laffer Curve. Anyone know what this says? It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980? Anyone? Something-d-o-o economics. "Voodoo" economics.
</ben stein>
There were a couple of things wrong with Reaganomics, but the most visible problem was the drive to deregulate nearly every market in sight, which led to the savings and loan collapse which ended up costing the government 125 billion dollars. That was pretty fucking bad :DOriginally Posted by SwampdonkeyPLD
Not to mention the collapse of the housing market which screws over oh so many people.Originally Posted by Correction
I wonder if financial institutions didn't think taxpayers would bail them out if they would take the risks they take.Originally Posted by Correction
r u serious. Everyone except the CEO who just got fucked out of 900k.Originally Posted by BIGSTIC