Episodes
Wednesday Oct 21, 2009
Supply-Side Economics, R.I.P.
Wednesday Oct 21, 2009
Wednesday Oct 21, 2009
When one of the architects of supply-side economics in the Reagan era, says that it should go out of business, you know the times are changing. Bruce Bartlett, in his new book The New American Economy: The Failure of Reaganomics and a New Way Forward, argues that while supply-side was good for the economy in the 1980's, it has no place in shaping current economic policy. A Reagan official, a policy staffer for Jack Kemp in the 70's, he thinks the George W. Bush's tax cuts were "nuts" and that we need a return to Keynesian principals. My conversation with Bruce Bartlett:
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