Michael E. Fournier MBA

30 Years Later, Supply Side Economics Still Under Attack

In Uncategorized on June 10, 2012 at 6:07 pm

When the left keeps up its insipid drumbeat over thirty years, it should tell us something.  In this case it is telling us that supply-side econonomics not only worked, but that it is the polar opposite of redistributionist.  The polar opposite because instead of forcing uniformity on all, it provides the opportunity for some to rise above mediocrity.  Even though the Soviet Union nearly came to ruin over the failed policy of redistribution, the left won’t give it up, and the Huffington Post, ABC News, MSNBC, and MarketWatch all tore into Supply-Side and the Republican presidents since Reagan who administered it.  Wait a minute, this just proves how little they understand economics, neither GW I nor GW II were supply siders.  Only Reagan had the gumption to stand against the tide for something that worked and he knew was right.

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