@rbreich A reminder, too, that Reagan admin's budget director David Stockman back pedaled on the administration's supply-side economics — the other name for trickle-down economics — because it didn't work.

The Reagan admin also didn't have to deal with the fallout of a mismanaged pandemic; if trickle-down didn't work then, why would it work under more challenging conditions? https://www.businessinsider.com/david-stockman-us-is-in-race-to-the-fiscal-bottom-2010-10