Michigan Primary: A Graveyard for Reaganomics?

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I don't know why "supply-side economics" is considered synonymous with tax cutting. There is a lot more to it than that. It is the principle that economic progress always comes from encouraging greater supply and never comes from encouraging more demand.
Supply-side economics should produce higher real bond rates over the long run, since under a supply-side scenario there is greater productivity, and thus a greater time value of money.
Spending cuts in Washington can encourage economic growth. Such spending often diverts resources from their optimum use.

Mazzula of VA 12:05PM January 18, 2008

Romney wins! Great for Michigan, especially if America recognizes that not all of America is as well of as, oh, Hollywood.

Jed of UT 2:01AM January 17, 2008

Gop started the war in iraq there no way another gop wanker is going to be president

chad of 6:51AM January 16, 2008

Reagan's "trickle down" theory of economics was a boon for the stock market and fanned corporate greed but the trickle got cut off and didn't reach the bulk of the middle class, rather it choked them off and shoved them eventually into the lower middle class or out of the middle class entirely. Reaganomics made the rich richer and the poor poorer and began the destruction of the middle class.

Andy Knot of MI 5:08AM January 16, 2008

Nor do we need Thompson.
The only real Republican candidate who still believes strongly in Reaganomics is Ron Paul. He would not only cut taxes, but cut government spending as well, strengthening the economy through supply-side economics in order to get us out of this recession and balance the budget at the same time. (And it would also, of course, limit the increasingly frightening power of the federal government while bringing about peace with other nations through no longer funding U.S. military occupations of more than 100 countries).

Rudolph Ganzfeld of TN 8:48PM January 15, 2008