1980s tax cuts created jobs by “trickle down”

Here are some of the nitty-gritty details about what really happened in the so-called “Decade of Greed.”
• Average real family income grew by well over 15% from 1982 to 1989.
• For the poorest fifth of Americans, real income grew almost 12%.
• The proverbial misery index took a nosedive: We experienced sustained economic growth without inflation, low unemployment, and low interest rates.
• Some 20 million new jobs were created, 82% of which were in higher-skilled occupations.
• The 1980s was a decade of greatly increased personal and corporate charitable giving.