What Is Supply-Side Economics? The theory of supply-side economics maintains that increasing the supply of goods and services is the engine of economic growth. Additionally, it advocates tax cuts as a ...
In his first term as president, Barack Obama extended the reduction in the top rate of the income tax to 35 percent through 2012, two years past the 2010 expiration date that his predecessor, ...
In October 2024, Treasury secretary Janet Yellen addressed the Council on Foreign Relations to tout the Biden administration’s “modern supply-side economics.” She argued that more government spending ...
WASHINGTON - FEBRUARY 02: White House Office of Managment and Budget Director Peter Orszag testifies before the Senate Budget Committee about the Obama Administration's FY2011 budget on Capitol Hill ...
Supply-side economics, often deemed by opponents as “Trickle-Down” economics, is a macro-economic theory that argues sustained economic growth is spurred primarily by lowering taxes on the wealthy and ...
President Donald Trump is opening up new frontiers for wealth creation around the world. How so? By advancing the supply side. A half-century ago, supply-side economics burst onto the national stage ...
Creator Laffer argues for capital gains tax cuts LOS ANGELES (CBS.MW) -- Depending on the political leanings of whom you ask, supply side economics is either a discredited purse enhancer for the rich, ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Speaker 1: From the Opinion pages of the Wall Street Journal, this is Free ...
With the federal government now reopened after a six-week shutdown, we’re witnessing some remarkably positive economic developments. The annual inflation rate has dropped to 2.7 percent, while the ...
The Republican tax bill is noticeably less geared toward the supply-side orthodoxy that has dominated the GOP for a generation, betokening an ongoing shift in the party toward populism that could ...