TED-Ed: Does trickle-down economics actually work? | Jonathan Smith

The video discusses the US economic struggles during the late 1970s and early 1980s, focusing on Reagan's economic policies, particularly tax cuts for the wealthy, known as trickle down economics. It evaluates the effectiveness of these policies in stimulating economic growth and improving living conditions. The video also examines the impact of tax cuts on government revenue and the economy, using Kansas as a case study. A global perspective is provided, highlighting a study that shows tax cuts often benefit the wealthy without significantly boosting the overall economy.

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