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Old 02-12-2018, 07:44 AM
finnbow's Avatar
finnbow finnbow is offline
Reformed Know-Nothing
 
Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,857
Supply-Side Economics

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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