Supply Side Economics Defended
Ronald Reagan was recently disparaged for “trickle down economics” in correspondence with one of my elite squad of readers, and I would like to defend the Gipper and his faith in Supply Side Economics.
To detractors the centerpiece of supply side economics, namely tax cuts, are merely a sop to the rich. However, this understanding strikes me as less rational, and more borne of envy.I would argue that I have no real claim on another man’s income beyond the sort of basic government services we all consume. Even so, there is the reality that most people who reflexively dump on Reaganomics … Continue Reading
