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Ronald Reagan's Trickle-Down Economics was responsible for increased wages for all wage earners. As a result, the national debt and unemployment rate fell to historic lows.
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Based on the sources provided, the claim that Ronald Reagan's Trickle-Down Economics was responsible for increased wages for all wage earners and resulted in national debt and unemployment rate falling to historic lows is not fully substantiated. While tax revenues increased, inflation decreased, and unemployment fell under Reagan's policies, known as Reaganomics (Investopedia.com), it is not explicitly stated that these policies led to increased wages for all wage earners. Moreover, Reagan's fiscal policy also significantly added to the national debt (www.whitehouse.gov). Thus, the available sources provide a mixed view of the impact of Reagan's economic policies on wages, national debt, and unemployment.

09:07 PM - May 03, 2024
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