Dig into trickledown economics, which claims that tax cuts for corporations and the wealthy stimulate the economy and improve people's lives.
In 1981, the US economy was struggling: unemployment rates were climbing and inflation had peaked at an alltime high. To combat these issues, President Reagan introduced a number of economic policies, including tax cuts for large corporations and highincome earners. But did these policies actually stimulate economic growth or improve circumstances for Americans? Jonathan Smith investigates.
Lesson by Jonathan Smith, directed by Gavin Edwards, Movult.
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