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How did reagonomics hurt economics?

Updated: 10/26/2022
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British hurt Irish by flooding Ireland with manufacturing goods, hurting local producers

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Q: How did reagonomics hurt economics?
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How did the US go from being a Creditor nation to a debtor nation?

The failure of Reagonomics, also known as "Supply Side Economics", or "Trickle Down Economics"


What is another word for reagonomics?

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Reaganomics were also commonly known as 'supply-side' economics. By lowering taxes on businesses, they would make more money, grow, and ultimately, pay more in taxes do to their bigger size.In short, lowering taxes would mean more revenue for the U.S.Did not work.


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