The Soapbox

HoosQ

Joined: 08/13/1998 Posts: 2499
Likes: 3382


As I was told by my Econ Prof in 1981. Inverted supply curve is actually


required for supply-side economics to work - if I remember the lectures correctly.

Big talking point back then as Reagan was trying to sell this idea.

Cutting taxes results in reducing the deficit, sounds too good to be true because it isn't true.
[Post edited by HoosQ at 01/10/2019 08:57AM]

(In response to this post by Hoodeac)

Posted: 01/10/2019 at 08:03AM



+4

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Current Thread:
 
  
Really big economic news -- NJHoo 01/09/2019 9:49PM
  Tax receipts do not equal economic activity. ** -- ConnHoo 01/09/2019 10:54PM
  Economic activity doesn’t pay -- HoosWillWin 01/09/2019 11:29PM
  So it's a good thing we are shutdown? ** -- hoothat 01/09/2019 10:06PM
  Ruh roh raggy -- Hoodeac 01/09/2019 9:55PM

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