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Reagan’s Economic Policy Has Proven Harmful Long-Term

Posted on 3/28/26 at 5:21 pm
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19931 posts
Posted on 3/28/26 at 5:21 pm
Reagan’s economic policies, especially “trickle-down economics,” were supposed to help everyone by giving tax breaks to the wealthy. But instead, most of the benefits stayed at the top while everyday workers didn’t see much improvement.

At the same time, more manufacturing jobs were moved overseas, leaving many American communities without stable work. In the end, it led to more inequality and fewer opportunities for working people while making us weaker strategically.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
473051 posts
Posted on 3/28/26 at 5:22 pm to
quote:

Reagan’s economic policies, especially “trickle-down economics,” were supposed to help everyone by giving tax breaks to the wealthy. But instead, most of the benefits stayed at the top while everyday workers didn’t see much improvement.

At the same time, more manufacturing jobs were moved overseas, leaving many American communities without stable work. In the end, it led to more inequality and fewer opportunities for working people while making us weaker strategically.


Posted by Taxing Authority
Houston
Member since Feb 2010
63060 posts
Posted on 3/28/26 at 5:24 pm to
quote:

Reagan’s economic policies, especially “trickle-down economics,” were supposed to help everyone by giving tax breaks to the wealthy.
High-income earners got absolutely hosed by Regan's tax policies.
quote:

most of the benefits stayed at the top while everyday workers didn’t see much improvement.
This post was edited on 3/28/26 at 5:25 pm
Posted by wartiger2004
9X National Champions WDE RIP CK
Member since Aug 2011
20162 posts
Posted on 3/28/26 at 5:24 pm to
I can’t remember who is in charge when all the manufacturing jobs went out of the country. Oh yeah….you’re a dumbass
Posted by LSUminati
Member since Jan 2017
4128 posts
Posted on 3/28/26 at 5:26 pm to
*Watches a 30 second tik tok of a left economic influencer*

“I’m going to start a thread to teach everyone what I know!”
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
13534 posts
Posted on 3/28/26 at 5:32 pm to
quote:

At the same time, more manufacturing jobs were moved overseas,


Uh, this wasn’t Reagan. Remind us, what president allowed China into the WTO as a developing country?
Posted by Azkiger
Member since Nov 2016
27641 posts
Posted on 3/28/26 at 5:37 pm to
quote:

Reagan’s economic policies, especially “trickle-down economics,”


Stopped right here.

"Trickle-down economics" is progressive framing, much like undocumented migrants and abortion is healthcare and gender is whatever you want it to be.

The fact that that's your starting point and you don't even know it shows you're not equipped to have this conversation.
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
5886 posts
Posted on 3/28/26 at 5:38 pm to
quote:

Reagan’s economic policies, especially “trickle-down economics,” were supposed to help everyone by giving tax breaks to the wealthy. But instead, most of the benefits stayed at the top while everyday workers didn’t see much improvement. At the same time, more manufacturing jobs were moved overseas, leaving many American communities without stable work. In the end, it led to more inequality and fewer opportunities for working people while making us weaker strategically.


People this is a perfect example of head butting the bumper of a Mack truck and then posting.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19931 posts
Posted on 3/28/26 at 5:53 pm to
quote:

Uh, this wasn’t Reagan. Remind us, what president allowed China into the WTO as a developing country?

China joined the WTO in 2001 under President Bill Clinton—but outsourcing and manufacturing decline started well before that, including during Reagan’s era.
Posted by ClientNumber9
Member since Feb 2009
10053 posts
Posted on 3/28/26 at 5:53 pm to
I swear, I wish I could force the average dumb arse American to live in other countries for six months at a time. You fricking retards have no idea how lucky and rich you really are.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19931 posts
Posted on 3/28/26 at 5:54 pm to
quote:

Stopped right here.

"Trickle-down economics" is progressive framing, much like undocumented migrants and abortion is healthcare and gender is whatever you want it to be.

The fact that that's your starting point and you don't even know it shows you're not equipped to have this conversation.

We can debate the terminology, but the core idea is still the same—tax cuts for the top with the expectation benefits flow down. I’m focused on the outcomes, not the label.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19931 posts
Posted on 3/28/26 at 5:55 pm to
quote:

I swear, I wish I could force the average dumb arse American to live in other countries for six months at a time. You fricking retards have no idea how lucky and rich you really are.

The U.S. is fortunate in many ways, no doubt. But that doesn’t mean every policy has worked well or that there aren’t real issues worth discussing.
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
22743 posts
Posted on 3/28/26 at 5:56 pm to
quote:

Reagan’s economic policies, especially “trickle-down economics,” were supposed to help everyone by giving tax breaks to the wealthy. But instead, most of the benefits stayed at the top while everyday workers didn’t see much improvement.

At the same time, more manufacturing jobs were moved overseas, leaving many American communities without stable work. In the end, it led to more inequality and fewer opportunities for working people while making us weaker strategically.


This is such a mischaracterization of Reaganism that it's barely worth engaging. The bolded line is especially egregious
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
108711 posts
Posted on 3/28/26 at 5:58 pm to
When you think corky is the only retard in the room, and then this guy boogiewoogie shows up.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19931 posts
Posted on 3/28/26 at 6:00 pm to
quote:

This is such a mischaracterization of Reaganism that it's barely worth engaging. The bolded line is especially egregious

Wages for typical workers didn’t grow nearly as fast as income at the top. That’s not a mischaracterization—it’s widely documented.
This post was edited on 3/28/26 at 6:02 pm
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
473051 posts
Posted on 3/28/26 at 6:03 pm to
quote:

This is such a mischaracterization of Reaganism that it's barely worth engaging. The bolded line is especially egregious


It's not even true, and this applies to the MAGA types who echo the same sentiments to promote the same sort of Leftist corrective bullshite.

Thread with a bunch of MAGA/AF types bitching about Reagan in response to an OP defending him

Look at this amazing leftist bullshite to attack Reagan and free trade

quote:

A Warning to Traditional Conservative Free Traders

You’ve long championed free trade as the bedrock of prosperity—open markets, global efficiency, and the belief that competition lifts all boats. It’s a principle rooted in Reagan’s legacy and the conservative canon: government steps back, and the private sector thrives. But here’s the hard truth: clinging to that dogma today, especially by obstructing MAGA-driven trade reforms, risks not just the middle class you claim to defend—it could boomerang and hit you square in the chest. The erosion you’re enabling isn’t hypothetical; it’s happening now, and it’s lighting a fuse that could blow up into radical government actions from the right or left. Either way, you won’t like the fallout.


quote:

MAGA’s trade push—tariffs, reshoring, hitting China hard—aims to reverse that. You call it protectionism, a betrayal of free-market purity. Fair enough; it’s messy, it’s not textbook Hayek. But obstructing it—doubling down on NAFTA-style deals or WTO kowtowing—only deepens the wound. Every factory that stays in Shenzhen, every dollar funneled to corporatists via your “open borders” trade, squeezes the middle class harder. They’re not buying your trickle-down promises anymore—61% live paycheck to paycheck (LendingClub, 2023). They’re angry, and they’re voting.

Radicalization’s Already Here—And It’s Coming for You
Posted by BeepBopBoop
Northshore
Member since Dec 2023
1345 posts
Posted on 3/28/26 at 6:04 pm to
Reagan’s policies grew the US economy by $15 trillion, solved interest rates that were 18% under Carter and setup Bush I and Clinton for an economic boom, you moron
This post was edited on 3/28/26 at 6:05 pm
Posted by DeathByTossDive225
Baton Rouge
Member since Sep 2019
7944 posts
Posted on 3/28/26 at 6:05 pm to
quote:

This is such a mischaracterization of Reaganism that it's barely worth engaging.

The part that’s mischaracterized is the part about offshoring.

I have no idea what anyone is talking about regarding the rest not being representative of Reagan’s policy.

He was a supply-side guy, the 1981 Economic Recovery Tax Act slashed top-end taxes, the wealth gap ballooned, and industry began consolidating.

There are arguments for and against this type of policy, but the base facts aren’t really up for debate.

Would love for someone to actually make an argument instead of just “bah that’s dumb!”
Posted by Undertow
Member since Sep 2016
9076 posts
Posted on 3/28/26 at 6:06 pm to
What’s funny is the people who say “trickle down economics don’t work” will also celebrate a Super Bowl or some other major event coming to their city because of all the money it will bring to the area.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19931 posts
Posted on 3/28/26 at 6:07 pm to
quote:

No one’s denying the economy grew in the 1980s.

But Reagan didn’t “fix” 18% interest rates—that was mostly the Federal Reserve under Paul Volcker bringing down inflation.

Also, growth alone isn’t the point. The question is who benefited. Most of the gains went to higher earners, while typical workers saw much slower wage growth.

And saying it “set up” later booms isn’t that simple. The 1990s economy under Bill Clinton had a lot of different factors driving it.
So yes, there was growth—but that doesn’t mean the policies worked equally well for everyone.
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