More Evidence: Supply-Side, Trickle-Down Economics Doesn’t Work

Supply-side economics, often referred to as trickle-down economics, asserts among other things that tax cuts for the wealthy will increase aggregate investment, spurring economic growth with concomitant job creation. Over three decades of empirical evidence suggests this theory doesn’t work. The following seven graphs depict the theory’s failure by comparing time periods where supply-side economics prevailed (1980s and 2000s supply-side eras) with a non-supply-side era (1990s).

Seven graphs that show supply-side economics doesn't work -part 1Seven graphs that show supply-side economics doesn't work -part 2

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One Response to More Evidence: Supply-Side, Trickle-Down Economics Doesn’t Work

  1. Pingback: Why I Voted for Obama | Thoughts on Things

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