Over 40 years ago, the Reagan-Thatcher revolution was born. Taxes were slashed. Unions were squashed. Markets were deregulated and global capital unleashed. But economic pendulums swing. And over the last couple of weeks, it’s become quite clear that anything remotely related to trickle-down theory is now political Kryptonite.The most obvious example is, of course, the backlash against UK prime minister Liz Truss’s bizarre plan to lower taxes on the rich after announcing major spending on energy subsidies. Trussonomics is now off the table, and the prime minister’s own leadership is in jeopardy.
40多年前，里根-撒切爾(Reagan-Thatcher)革命誕生了。稅收被削減。工會受到壓制。市場監管被放松，全球資本得到釋放。但經濟鐘擺是會擺動的。在過去幾周里變得明顯的是，與涓滴理論扯得上邊的任何東西，現在都是政治氪石（Kryptonite，會讓超人失去超常能力的一種虛構元素——譯者注）。