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Ronald Reagan's economic policies, dubbed "Reaganomics" by opponents, included large tax cuts and were characterized as trickle-down economics.In this picture, he is outlining his plan for the Economic Recovery Tax Act of 1981 from the Oval Office in a televised address, July 1981.
David Gessner is an American essayist, memoirist, nature writer, editor, and cartoonist.. Gessner was born in Boston, Massachusetts and grew up in Worcester, Massachusetts.He attended Harvard College where he worked at the Harvard Crimson drawing political cartoons, most notably a drawing of Ronald Reagan urinating on an unemployed man in the gutter, entitled "The Trickle Down Theory". [1]
There were two major tax cuts: The Economic Recovery Tax Act of 1981 and the Tax Reform Act of 1986. The tax cuts popularized the now infamous phrase "trickle-down economics" as it was primarily used as a moniker by opponents of the bill in order to degrade supply-side economics, the driving principle used to promote the tax cuts.
40. I have a joke about trickle down economics. But 99 percent of you will never get it. ... 50 Funny Cartoons That Prove Life Is Funnier Than Any Stand-Up Routine. Speech bubble with .
President dings ‘trickle down’ economics for the ‘very top’ ahead of his farewell address Wednesday Biden touts the economy he shaped after yet another positive jobs report Skip to main ...
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The double-decker outhouse has been used as an unflattering metaphor for "trickle-down economics" [64] and for power dynamics perceived as unfair. [65] Depending on who is depicted on top and below, it is an easy and familiar cartoon. [66]
New British Prime Minister Liz Truss and her finance minister Kwasi Kwarteng look set to revive Margaret Thatcher's 1980s experiment in "trickle-down" low-tax economics, the results of which have ...