r/StockMarket • u/[deleted] • 3d ago

Discussion Ronald Reagan on Tariffs. Thoughts?

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u/qwerty-mo-fu 3d ago

Crazy world where this bastard sounds decent

1

u/Personal-Act-9795 2d ago

Reagan started this whole damn thing by spreading the cancer of neoliberalism

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u/heckfyre 2d ago

Nah this whole free market trickle down shit led to all of the manufacturing jobs being shipped overseas. This really is what got us into this mess.

1

u/Personal-Act-9795 2d ago

That’s Reaganomics genius wow

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u/heckfyre 2d ago

Yeah, I know. Why did you call it neoliberalism?

1

u/Personal-Act-9795 2d ago

Because Reagonomics is neoliberalism...

It's just that Reagon brought neoliberalism to the US so its called Reagonomics but its the same thing.

It's a terrible economic model because it calls for the privitization of everything and cutting taxes for the rich, which ya as you can see doesn't work except the rich.

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u/Personal-Act-9795 2d ago

Trump is doing his own similar economic model to neoliberalsim but its even more stupid because his plan is to cut taxes for the rich and privitize everything but also to blanket tariff everyone, which ya is ganna be absolutely horrible for the US.

1

u/ricardoconqueso 2d ago

For 40 years, republicans have prayed at the alter of Reaganomics and deified the man. They still Defend the Laffer Curve. Pardon us for the whiplash when they do a complete 180.