Supply-Side Economics

[whell]

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/

A ridiculous and slanted definition of supply side economics by WaPo, but coming from them I'm not surprised. At best, this is an opinion piece, but here it is in their News section Typical.