#reagonomics — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #reagonomics, aggregated by home.social.
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👉 #MAGA is the economic perversion of #Reagonomics👈
*#Reagan's 1987 Radio Address to the Nation on Free and Fair Trade*
(7/n)
...and higher #TradeBarriers, and less and less competition. 👈 So, soon, because of the prices made artificially high by tariffs that subsidize inefficiency and poor management, people stop buying.
👉 Then the worst happens: Markets shrink and collapse; businesses and industries shut down; and millions of people lose their jobs.👈 ..."
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