korrents

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Reagan-era tax cuts for the rich did not deliver the faster economic growth they were promised in return.

Drawn from what Brad DeLong said

Subjectfiscal policy
What this subject means

fiscal policy The spending-and-taxing half of macro, as against the central-bank half: multipliers, stabilisers, stimulus.

What Brad DeLong actually said

  1. Brad DeLong Economics professor at the University of California
    The Reagan Revolution promised faster growth in exchange for lower taxes on the rich. The rich won; the growth never showed up.

    Where this was said

    ↗Passthrough Tax Loopholes & the Rise of the American Gentry: CHART OF THE DAYbraddelong.substack.com

    19 Sept 2026

    All 2 korrents from this piecethis one is 2nd

Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us

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