Supply Side Economics

I'll Raise You a Santa Claus

Marvin Meadors | Posted 05.27.2012

Read More: Bill Clinton, Herbert Hoover, Ronald Reagan, George H.W. Bush, Thom Hartmann, Great Depression, Two Santa Claus, Social Security, Supply Side Economics, Democrats, Demand, Jude Wanniski, Medicare, Alan Viard, Republicans, Arthur Laffer, Council of Economic Advisers, Politics News
Marvin Meadors

So Democrats may have to come up with a new narrative. They can not flourish by promising to be the party that raises taxes and makes cuts to popular programs, even if they succeed in inheriting the Republican's former mantle as the party of fiscal responsibility.

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Gingrich Grandiosity and Supply-Side Economics

Alan Reynolds | Posted 03.31.2012

Read More: US Economy, Elections 2012, Newt Gingrich 2012, Economics, Newt Gingrich, 2012 Election, Supply-Side Economics, Politics News
Alan Reynolds

Whenever Newt Gingrich has been asked to explain why he is supposedly more "conservative" than other Republican presidential candidates, he has replied that he "helped Ronald Reagan and Jack Kemp develop supply-side economics." If that were true, I would know about it.

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GOP Campaign Trail Filled With Revisionist History

Peter S. Goodman | Posted 03.20.2012

Read More: Gop Presidential Candidates, 2012 Elections, Dodd-Frank, Mitt Romney, Mitt Romney 2012, Supply-Side Economics, Elections 2012, Newt Gingrich 2012, Republican Presidential Candidates, Arthur Laffer, Newt Gingrich, Republicans, Rick Santorum, Rick Santorum 2012, Business News
Peter S. Goodman

I've just returned from a sojourn in an alternate historical universe, which is to say I've been in South Carolina, listening to the Republican presid...

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Before They Left Town, Did House Republicans Change the Rules of the Tax-cutting Game?

David Paul | Posted 02.23.2012

Read More: Deficit, Ronald Reagan, Payroll Tax Cut, Supply-Side Economics, House Republicans, Reaganomics, Bush Tax Cuts, Paygo, Payroll Tax Cut Extension, Tax Cut Extension, Obama Payroll Tax Cut, Politics News
David Paul

This month the Republicans took a stand against tax cuts because of the fiscal implications of those cuts. For the first time in recent memory, Milton Friedman and the Republican Party of my grandfather were redeemed. This was a significant point that should not be lost.

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Supply-side's Abject Failure

Andrew Fieldhouse | Posted 02.07.2012

Read More: Progressive Taxation, Inequality, Taxation, Supply-Side Economics, Trickle Down Economics, Republicans Economy, Osawatomie Speech, Supply Side, Obama, Obama Taxes, Politics News
Andrew Fieldhouse

I applaud the president for making the case against regressive tax cuts as the lodestar of economic policy. We cannot afford to double down on the failed, plutocratic pipe dream that is trickle down economics.

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Golden Calf Conservatives

Cliff Schecter | Posted 12.31.2011

Read More: Gop, Ben Nelson, Public Interest, Jobs Bill, Supply-Side Economics, Ronald Reagan, President Obama, Voodoo Economics, Golden Calf, Chris Christie, Conservatives, George H.W. Bush, Occupy Wall Street, Irving Kristol, Cliff Schecter, Neo-Conservatives, Jon Tester, Senate, Politics News
Cliff Schecter

Whether it's the bronze bull encountered by those occupying Wall Street, the fixation with a Chris Christie presidency not to be, or the ex post facto...

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How Rich People Ask for More Money

David Berri | Posted 10.24.2011

Read More: Voodoo Economics, Competitive Balance, Nba, Supply-Side Economics, Nba-Salary-Cap, Sports News
David Berri

Imagine you are a rich person who desires more money. You could boldly ask people to give you cash, but many might suspect that you don't "need" it. So what can you do? Consider the following two tales from the world of sports and politics.

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Still Crazy After All These Years: The Reagan Legacy and the Debt Ceiling "Crisis"

Peter Birkenhead | Posted 09.24.2011

Read More: Reagan, Debt, Economics, Debt Ceiling, Supply-Side Economics, Beohner, Obama, 1980's, Bush, Culture, 1970's, Television, Politics, History, Tax Policy, Tax Cuts, Breaking Politics News, Politics News
Peter Birkenhead

The reality-inverting summer of 1981 laid the foundation for a dissociative political culture that nothing yet has been able to shake, and we're all paying the price.

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Jobs Decline... Fed QE3 in the Works?

Harlan Green | Posted 09.11.2011

Read More: Reaganomics, Supply-Side Economics, Paul Krugman, Unemployment Report, Wage-Price Spiral, The Fed, Business News
Harlan Green

We are still in some sort of a disinflationary spiral. Yes, I said disinflation, which means the rate of inflation is falling, not rising as the holders of debt would have us believe.

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Why the President Must Come Up With Demand-Side Solutions, And Not Go Over to the Supply Side

Robert Reich | Posted 08.09.2011

Read More: Deficit, Unemployment, Robert Reich, Economics, Budget, Economy, Supply-Side Economics, Jobs, Business News
Robert Reich

President Obama's putative embrace of the false notion that businesses need more financial incentives in order to hire risks giving legitimacy to the same supply-side economic approach that has failed for the past thirty years.

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Zombie Economics

Glenn C. Altschuler | Posted 07.23.2011

Read More: Finance-Capitalism, The Great Recession, Keynesian Economics, Inflation, Privatization, Bush Tax Cuts, Glass-Steagall, Trickle-Down Economics, Supply-Side Economics, Monitorism, Books News
Glenn C. Altschuler

Age of Greed is clumsily-written and repetitious. It does not pay sufficient attention to structural problems and global challenges to America's economy. Nor does it provide clearly delineated alternatives to the misguided policies of the past.

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Supply-Side Economics in Fact and Fancy

Robert E. Prasch | Posted 07.09.2011

Read More: Ronald Reagan, Trickle Down, Reaganomics, Supply-Side Economics, Business News
Robert E. Prasch

Supply-side economics is a hearty perennial, one that closely follows the election cycle. Every four years ambitious Republican politicians rediscover that the wealthy would like to pay less in taxes.

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Drowning (State) Government in a Bathtub

Laura Packard | Posted 05.25.2011

Read More: Tax Cuts, Wisconsin, Conservatives, Budget Cuts, Arkansas, Supply-Side Economics, Trickle-Down Economics, Grover Norquist, Politics News
Laura Packard

As conservative movement figure Grover Norquist put it, "I don't want to abolish government. I simply want to reduce it to the size where I can drag i...

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Laffer Curves and Tax Cuts: What Does It Take to Kill a Zombie?

Howard Schweber | Posted 05.25.2011

Read More: Reagan, Zombie Economics, Tax Cuts, Laffer Curve, Fdr, Supply Side Economics, Business News
Howard Schweber

There is something very strange about the way both Democrats and Republicans framed the conversation about tax cuts. Both sides were framing it in terms of distinguishing among the middle class and rich. But that is simply not true.

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Tax Deal Will Normalize the Bush Era

Joseph A. Palermo | Posted 05.25.2011

Read More: Social Security, Medicare, President Barack Obama, Tax Cuts, Supply-Side Economics, George W. Bush, Tax Deal, Budget Cuts, Politics News
Joseph A. Palermo

Whatever Obama accomplished during his first two years in office his decision to normalize the sweeping changes in American governance of the George W. Bush period will likely neutralize any lasting positive effects for Democrats.

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The Big Republican Lie on Tax Cuts

Cenk Uygur | Posted 05.25.2011

Read More: Economy, Supply-Side Economics, Tax Cuts, Historical Tax Rates, Cenk Uygur, The Young Turks, Republican Lie, Bush Tax Cuts, Tax Increases, Politics News
Cenk Uygur

When the economy takes off and when it slows down matches the fluctuation of our tax rates. Except the correlation is the opposite of conventional wisdom: the economy crashes after tax cuts and takes off after tax increases.

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The Broken Global Banking System

Ann Pettifor | Posted 05.25.2011

Read More: Banking Crisis, Banks, Bank of England, Credit, Bailout, Global Banks, Banking System, Banking Industry, Neo-Liberal Economics, Supply-Side Economics, New Economics Foundation, Business News
Ann Pettifor

How many Americans understand how broken and defective the banking system as a whole has become? For the crazy facts are these: bankers now borrow from their customers and from taxpayers.

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The Defining Issue: Who Should Get the Tax Cut -- The Rich or Everyone Else?

Robert Reich | Posted 05.25.2011

Read More: Census, Taxes, Trickle Down, 2010 Elections, Wages, Supply-Side Economics, Bush Tax Cuts, Tax Cuts, Elections 2010, Politics News
Robert Reich

Republicans are hell bent on demanding an extension of the Bush tax cut for their patrons at the top, or else they'll pull the plug on tax cuts for the middle class. This is a gift for the Democrats.

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Let the Bush Tax Cuts Expire

Lincoln Mitchell | Posted 05.25.2011

Read More: Debt, President Obama, Ronald Reagan, Budget, Supply-Side Economics, George W. Bush, Iraq, Bush Tax Cuts, Deficit, Economic Policy, Barack, Bush Tax Cuts Expire, Afghanistan, Socialism, Republican Party, September 11th, Politics News
Lincoln Mitchell

The notion that increasing the tax rate on the richest Americans means the socialist floodgates have been opened is clearly nonsensical, as the rates would return to what was normal for most of the last half century.

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Response to David Stockman's 'Four Defamations of the Apocalypse'

Warren Mosler | Posted 05.25.2011

Read More: Bretton Woods, Unemployment, Trade Deficit, Payroll Tax Holiday, Ronald Reagan, David Stockton, Public Debt, Supply-Side Economics, Treasury, Federal Reserve, Tax Hikes, Bush Tax Cuts, Greece, Gold Standard, Politics News
Warren Mosler

David Stockman, a director of the Office of Management and Budget under President Ronald Reagan, is working on a book about the financial crisis and r...

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"Good Debt" and "Bad Debt?"

Joe Minarik | Posted 05.25.2011

Read More: Taxes, Debt, Highways, Supply-Side Economics, Ceos, High Speed Rail, World War II, Corporate-Debt, Politics News
Joe Minarik

Borrow for "consumption," and you get "bad debt." Borrow for things that increase future economic growth, and that is "good debt." There is no "good" public debt.

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The Stakes This November

Andrew Reinbach | Posted 05.25.2011

Read More: John Birch Society, Right Wing, Democrats, Midterm Elections, Recession, Right-Wing Extremism, Supply-Side Economics, Breitbart, Politics News
Andrew Reinbach

Democrats may think their best line is to remind voters that at least they're not crazy; but it will take more than that. In the end, the fight has to be taken to the right; progressives have to remind the country of the truth.

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Martin Wolf: The Political Genius Of Supply-Side Economics

Financial Times | Posted 05.25.2011

Read More: Supply Side Economics, Martin Wolf, Economy, Business News

The future of fiscal policy was intensely debated in the FT last week. In this Exchange, I want to examine what is going on in the US and, in particu...

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The World's Biggest Debtor Urges More Debt

Eric Margolis | Posted 05.25.2011

Read More: G8, Gdp, Economic Summit, Stimulus Spending, Supply-Side Economics, g20, Business News
Eric Margolis

Europeans at last week's G20 meeting rejected America's proposal to inject more stimulus spending into their withered national economies. Treating the malady of too much debt with more debt does not make sense -- except to the hopelessly addicted.

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The Deficit Commission: Not Just a Tax Matter

Stephen Herrington | Posted 05.25.2011

Read More: U.S. Economy, Social Security, Milton Friedman, Ronald Reagan, Economy, Supply-Side Economics, Economic Crisis, George W. Bush, Trickle-Down Economics, Entitlement Reform, Barack Obama, Deficit, Economic Stimulus Package, Federal Budget Deficit, Conservatives, Economic Recovery, Medicaid, Medicare, Politics News
Stephen Herrington

The Deficit Commission needs to be considering the proper balance between distribution of wealth to the work force and to the formation of capital that will result in a viable economy.

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