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Identify the US President that fits the following statement, or led during the following event:
supply-side and/or trickle-down economics
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Grover Cleveland |
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Ronald Reagan |
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William Howard Taft |
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John Tyler |
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Reagan implemented policies based on supply-side economics, advocating a laissez-faire philosophy and free-market fiscal policy, seeking to stimulate the economy with large, across-the-board tax cuts. Critics labeled this "trickle-down economics"βthe belief that tax policies that benefit the wealthy will create a "trickle-down" effect to the poor.
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The correct answer was Ronald Reagan
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