Dear old Ronnie started the trickle down economy. Remember the Laffer curve? It was bullshit then and its bullshit now. Ronnie had to eventually raise taxes because his policies failed. Nevertheless since then, Repubs. have loved the trickle down economy.
So now Obama has embraced Reaganomics.
Can anybody still believe Obama is a socialist?
Taxes will have to be raised, it's just a matter of time. The way things are going, a Republican congress will have to do it.