Another word for Reaganomics but we all know it'
s RIGGED, also known as trickled-down economics and voodoo economics. Bueller? This was the economic policies of President
Ronald Reagan in the 1980'
s which basically means give more money to rich
people and corporations and then everyone will prosper. Bullshit! The minimum wage in 1981 was $
3.35 per hour, adjusted to inflation would mean $10 per hour in
2020. Sounds good right? WRONG! Since Reagan'
s two term presidency, the minimum wage only went up 45 cents, while the cost of living went up....because by 1990, the minimum wage was ONLY $3.80 per hour, adjusted to inflation would ONLY be $7.75 per hour.......which means the minimum wage hasn't changed in the past 30 years! Right now, the national minimum wage in
2020 is only $7.25! This is why 78% of Americans are living paycheck to paycheck in America while rich ASSHOLES in Wall Street and the top 1% are getting richer and richer.....This is why America is the ONLY 1st world developed country with NO free universal healthcare....because corrupt politicians use our tax money to benefit only rich
people!
