When did the USA last face a Supply Side crisis and how did we solve it?

1 Answer

Answer :

answer:“Supply side economics” is a sham. It’s a discredited and disproved idea which says that cutting taxes for the wealthy and removing regulations and reducing government spending is always the best solution. It brought us the current economic disaster. Even Reagan boosted the economy by the Keynesian (opposite of supply-side) method of using government spending to counteract a lull in the private sector. Conservatives have proven again and again that they are wrong about, well, everything. The time to face facts and reject their ideology is several decades past due.

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