“Supply Side” is Dead

“Supply Side” economics has always been a fancy term that sounded like a plan.  It was popular in the 1980s because it seemed to work – but very few people ever understood that it worked for the wrong reasons.  It was, at least in practice, the old Keynesian theory dressed up in a suit and ready for a white-collar world.

It’s time to call this for what it is – a political con – and to put it to rest.

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