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Does trickle-down economics actually work? - Jonathan Smith

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Dig into trickle-down economics, which claims that tax cuts for corporations and the wealthy stimulate the economy and improve people's lives.

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In 1981, the US economy was struggling: unemployment rates were climbing and inflation had peaked at an all-time high. To combat these issues, President Reagan introduced a number of economic policies, including tax cuts for large corporations and high-income earners. But did these policies actually stimulate economic growth or improve circumstances for Americans? Jonathan Smith investigates.

Lesson by Jonathan Smith, directed by Gavin Edwards, Movult.

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View full lesson: https://ed.ted.com/lessons/does-trickle-down-economics-actually-work-jonathan-smith
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Animator's website: https://www.movult.com
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Category
Academic
Tags
trickle down economics, trickle down, economics
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