I still can’t get over the fact that people discussed trickle down economics like it made any fucking sense.
Of course, trickle down is idiotic — the economist who backed Reagan’s proposal to collect more taxes by cutting taxes on the rich was named LAFFER! He even produced a line graph showing how the huge tax cuts would make the economy boom so much that more taxes would be paid — it was called the “LAFFER Curve”!
Edited 34d ago