Democrats
In reply to the discussion: I am a proud, lifelong Democrat [View all]Cary
(11,746 posts)The correct term is "supply-side economics" which is to economics what "creation science" is to science. "Supply-side economics" was foisted upon us by Republicans, not Democrats.
I certainly never endorsed the nonsense. I was an undergrad from 1978 to 1982 and I studied "supply-side economics." There is zero evidence of any policy ever affecting the supply curve in any meaningful way. The empirical evidence they point to, Kennedy's tax cuts, didn't work the way they claim. Their math doesn't work. There are no major economic schools that endorse "supply-side economics." They are flim flam, nothing more, and no Democrat has signed onto this nonsense to the best of my knowledge and belief.
But we still have a lot of low information Republicans and charlatans to contend with. Don't blame us for their scam. We're doing our best to counter it. We do still live in a Democracy and intelligence is not a prerequiste for voting, or even being a president or a member of Congress.