Trickle-down economics, i.e. the idea that if you give the rich lots of
money it will improve the economy, is traditionally associated with
financial conservatism, yet the reality is quite opposite.
This is an unproven claim, and in fact there is significant evidence for the
opposite claim.
So in truth, supply-side economics is a liberal economic approach in the
pure sense that it’s a crazy idea that’s untested as opposed to a
data-backed model for success.
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