11-07-2022, 05:24 PM
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Senior Member
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Join Date: Mar 2020
Posts: 6,123
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Quote:
Originally Posted by finnbow
Here's an interesting, informative piece spelling out the intellectual bankruptcy of supply-side economics:
Modern conservatism is built around the promise of supply-side economics — an economic philosophy that claimed to allow Republicans to cut taxes, maintain popular social programs, robustly fund defense and balance the budget. The problem: Supply-side economics hasn’t actually worked as promised, but the GOP refuses to abandon it.
And that, more than hypocrisy, is the real problem facing Republicans — they have principles; those principles just don’t work.
https://www.washingtonpost.com/news/...ed-principles/
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I found this in reference to "Trickle-down" economics.
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