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Economic Policies of the U.S. Government

Reagan years and now.

Herb Block's political cartoon"The Gods are angry" took aim at President Ronald Reagan's economic policies in the 1980's.
President Reagan advocated for "trickle down" economics. He believed that if the rich got richer, they would spend more money and
that spending would benefit the middle class and the poor citizens.

Consider the cartoon.

How does it reflect the current economic situation?


Who is benefiting?


Who is not?


cash Is the federal budget balanced, in surplus or in deficit?


Who pays the debt when the elected officials spend more than the taxes raise in revenue?


Does this form of economics work for everyone?


Does it benefit the majority of U.S. citizens?



What impact does globalization have on this theory?


Center for Media and Democracy - PR Watch investigating and exposing public relations spin and propaganda

"Freedom is the right to question and change the established way of doing things.
It is the continuous revolution of the marketplace.
It is the understanding that allows to recognize shortcomings and seek solutions."
Ronald Reagan May 31, 1988 (address to students at Moscow State University)

"There are two ideas of government. There are those who believe that if you just legislate to make the well-to-do prosperous, that their prosperity will leak through on those below. The Democratic idea has been that if you legislate to make the masses prosperous their prosperity will find its way up and through every class that rests upon it." William Jennings Byran, Cross of Gold Speech Official at the Democratic National Convention Held in Chicago, Illinois, July 7, 8, 9, 10, and 11, 1896

Constitution ms/hs Constitution Essays Democracy Quotes Earmarks Civics
The Yes Men - democracy for sale - Try your hand at this approach to dealing with a problem facing you today.
What are the priorities? Earmarks or bridges Bonus Army

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posted 12/2006 by Cynthia J. O'Hora, In the Spirit of Thomas Paine released to public domain