If a supply-sider is elected President what policies would you expect to be proposed and why?

Answer 1

Supply side economics is not voodoo economics! I think it works. The reduction of taxes would stimulate economic activity and expand economic growth (aggregate supply). We could even generate increased tax revenues while subjecting everyone to lower tax rates because the economic base has been expanded. The Laffer curve discusses how the lower tax rate can result in more tax dollars collected. I doubt a democratic candidate would advocate this theory. Supply side economics is more a Republican theory and good old Ronald Reagan was a supply sider.

Answer 2

Supply side economics is based on the idea that increased economic growth will be generated by increasing incentives for producers, that is lowering top marginal income tax , and capital tax rates. A secondary belief is, contrary to what other conservative economists think, that government deficits that arise from tax cuts will disappear as a result of the increase growth generated by the lower tax rates. The economic policies that you would expect would be much like the Reagan and the current Bush administration.

Answer 3

Supply-siders believe in the horrible idea of allowing people to keep their own private property and allowing people to spend their own money as they please. That is a bad thing to many people, but for those who care about economic liberty, the only other option is being the government's servant.
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