All wrong, Reagan started the cut taxes to the richest and never fixed the local American competitiveness problem which sowed the seeds of today's huge problem.
His economic views are supply side economics which never make any sense in the past, now, or future. What Reagan was doing is exactly what China doing right now, sending corporations outside of the countries to manipulate and abuse other poorer countries for profits.
Stop posting wrong information to the people who don't know!
zoids 發表於 2011-10-15 21:26 
yeah, Mr Lik who has no knowledge of economics, always post crap articles on economics.
Reagan's macro-economic policies are often called voodoo economics, which advocate the reduction of taxes and increase in supply.
Coupled with Keynesian micro-economics policies, the result is the current US economic crisis and big national debt. |
發表於 2011-10-15 23:04
|