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User Clip: Reagan Tax Cuts and Supply Side a FAILURE

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November 3, 2017

Robert Shapiro on Reagan Tax cuts 10 years after in 1991...."Where does this leave us? However hard the supply siders want us to forget that… read more

Robert Shapiro on Reagan Tax cuts 10 years after in 1991...."Where does this leave us? However hard the supply siders want us to forget that, as David Stockman wrote, "it was all about a new era in free lunches validated by anecdote. As a macroeconomic event, supply side tax cuts lie somewhere between a washout and a failure." And as E.J. Dione (ph) observed recently, "After nearly a generation, supply side analysis has not achieved a foothold in established economic thought, writing, or instruction. The reason is simple. It has no rigorous theoretical or sound evidential basis." close

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User Clip: Reagan Tax Cuts and Supply Side a FAILURE

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Program ID:
19852-1
Category:
Public Affairs Event
Format:
Forum
Location:
Washington, District of Columbia, United States
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