Difference between revisions of "Supply-Side Economics"
From Critiques Of Libertarianism
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− | {{DES | des = A failed Reagan-era crank theory used to cut taxes and services. It promised a boom in productivity and never produced one. Instead, it created an ever-increasing concentration of wealth in the hands of the rich. | show=}} | + | {{DES | des = A failed Reagan-era crank theory used to cut taxes and services. It promised a boom in productivity and never produced one. Instead, it created an ever-increasing concentration of wealth in the hands of the rich. Featuring the Laffer Curve. Also called voodoo economics. Considered a gross failure. | show=}} |
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