Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
5 Answers
- Gray BoldLv 77 years agoFavorite 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.
- Anonymous7 years ago
it has never been truly tried as far as i know . the closest any one has ever come is;
http://en.wikipedia.org/wiki/Crony_capitalism
reaganomics failed to actually shrink the government , witch is an integral part of the theory.
it never trickled past the cronies pockets.
- How do you think about the answers? You can sign in to vote the answer.
