Reaganomics failed. Tax cuts for the rich failed. National debt increased nearly 200%.
Trickle-down economics doesn't work. It relies on the rich being truly patriotic and using their wealth to create jobs for their fellow countrymen out of pure patriotism. But we know what the rich do: they don't give a you-know-what, and buy mansions, Ferraris, yachts, private aircraft, and place what's left in trusts etc.
So a few more cleaning, service and financial management jobs might get created. But will that pay for a shiny new US military to police the world, with 800 bases, the most powerful military in the world, with shiny new tanks, missiles, bombs and bullets?
Nope.
That's why under Reagan the national debt increased by nearly 200%
And what the current debt of $20 trillion will be if that happened again!
So under Trump:
1. a massive military build-up;
2. PPP (which has failed in the UK) for infrastructure;
3. tax cuts for the rich (like Alex Jones and Trump and his mates).
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