Since the 1980’s Reaganomics has been the saving grace of the GOP…..they use clever propaganda to get the American people to believe the stupidity of trickle down economics or Reaganomics…tax cuts labeled tax reform that benefits few and those are the wealthy.
There is a good chance that all the hard work done by Repubs in 2017 may be for naught…..Reaganomics may not save the GOP this time…..
Republican hopes for holding control of Congress in the midterm elections hinge on the success of Reagan-style tax cuts and deregulation. However, without significant progress early this year on entitlements and infrastructure — with substantial focus on the chronic problems of rural communities and smaller cities — those policies may not prove to be enough.
During the Bush-Obama years, annual economic growth was only 1.8%, but the prosperity instigated by the expansion of financial services, biotechnology and digital industries was adequate to satisfy voters in the citadels of progressive thinking on the two coasts and among communities supported by major universities.
President Donald Trump won an unlikely victory in 2016 by energizing voters in the nation’s interior — places that fell victim to globalization and were left behind by the recent recovery.
2018 will be the tell of the tape…..will the economic double talk win the day?
Will Reagaomics save the GOP?