An Analysis Of Ronald Reagan's Trickle Down Economics

Over the past 40 years, America has experienced a tumultuous economic life. There have been various recessions and a few booms, and all presidential candidates since the 1980s have increasingly relied on the economy as a key part of their policy. The economy has been kind to the few and for the most part, unforgiving towards everyone else. This phenomenon is a result of politicians promising to make the normal American’s financial status better before being elected, then only helping out the corporate interests that funded their campaign after the election. The reason this works is that while the candidates forsake the American people, they do help the corporate interests once they take power, and the corporations make obscene profits which results in the President looking somewhat responsible for the huge increase in revenue which secures his reelection and the interests of the corporations until the next election cycle.

Ronald Reagan’s “trickle down economics” embodied this idea that it didn’t …show more content…
Many candidates promised economic prosperity and delivered on that promise, but the omission of the fact that this prosperity would only be possible if the billionaire class was placated and provided for. Politicians who desperately sought reelection were and are seduced by corporate lobby money that makes them beholden to the interests of corporate America before anything else, including their constituency. It seems that barring a significant reorganization of our political system; politicians will be courted and seduced by corporate cronies who seek to manipulate our system of governance for their own special gains and theirs alone. The American people take a backseat while huge conglomerates rake in more money than is necessary for any one person to have. All the while, the average American laborer who earns his keep everyday