The theory of supply-side economics

[@ethanquinn2449]

The biggest downfall is that this is all under the belief that corporations will use rational self interest to make responsible decisions which most don't when given the opportunity.

[@noel7777noel]

Normal supply and demand has a perfect equilibrium. Where, where is the problem? A mechanic spots the broken part, than fixes said broken part. I'm stuck in the rent trap, from supply side economics. Supply Side economics IS the broken part. Don't "tax my landlord". You are not understanding. Arrest my landlord for supply side economics. Don't build more apartment buildings. Tear them down.

[@shantanushekharsjunerft9783]

Several recent studies show that the 1% is saving alright but they are not investing.

[@tblakemusic]

Fully play out? It's been fucking 40 years!

[@Kevin-oc2jb]

The truth is there needs to be a balance. Entrepreneurs need money to invest and commoners need money to afford the goods and services. There is a balance between the two (that isn't necessarily created by the invisible hand) that ultimately yields the most goods and services produced. Recently we have seen the result of just giving people money. It hasn't been matched by more productivity. It's mostly just led to inflation as increases in supply have not kept up with demand.

[@zulu-pictures]

This deserves more views!

[@carpediem081791]

the part that’s missing in the three steps of the trickle down system, is under step two, integrity. As is it looks like the list below: Step 1) tax cuts for the business owners. 2) the savings from the cuts get reinvested into the economy/aka more jobs 3) the people working those more jobs spends that money saved into the marketplace. What that’s supposed to mean is that more jobs equals more money for the economy? Right? But if every job that is created by the benefit of a tax write off for a big business is used as a means to create more jobs,….and that new business they invested in does the same thing pays a low wage and turns around and invests in more jobs,…. then nobody is getting the appropriate raises. It’s just creating more low wage labor. Am I wrong? I mean really, what about the people already working the jobs that got these businesses the amount of money that got them the tax cut in the first place? Why not take that tax cut and pour it into the company workers and surrounding communities instead of “investing in more jobs for the economy.” As is the current trickle down economics system is basically just keeping the power of the wealth in the hands of the wealthy by using the ability to invest in more money making opportunities with tax cuts for the rich than those working to keep the rich rich.

[@dusbus2384]

Didn’t we just see it play out with trump when he cut taxes and regulations and the economy flourished?

[@youtubeviolatedme7123]

I would argue it was the deregulations that helped more than the tax cuts. The economy was doing pretty good from 2013 onwards, but Trump's deregulations did keep the ball rolling.

[@GaiaCarney]

Look to 45-day UK Prime Minister Liz Truss to see how supply-side economics worked out 🙄 sad

[@pearflies2382]

dr stewart

[@rockbottomrhythm_blues]

Well its playing out now...

[@mek86]

Where are you talking about? Do you even know the theory besides this short video?

[@Senator_Senart]

There is one HUGE problem with this theory it says nothing about the supply and demand of COMMODITIES. you cannot eat, drink, breathe, drive, build a shelter etc. with PAPER (i.e. money)

[@noel7777noel]

They still haven't pointed out the problem with normal supply and demand. Normal supply and demand has an equilibrium.

[@chrisjamel8461]

Yeah! well cause....if they dont invest cause its not worth the effort or they invest into wealth and not capital it won't return or will return slowly into the economy...i mean y invest in your business and return 3% than invest into stocks and grow 7%

[@chrisjamel8461]

Id implement an income progressive wealth tax and a steep consumption tax and get rid of income tax, capital gains tax and corporate taxes...it wouldn't be pretty but it would be productive

[@harmanjotsingh4230]

@@chrisjamel8461 progressive wealth tax, two things that don't work out middle class is bigger tax base, if I take total wealth of 400 richest people it would fund the government for about 8-9 months based on current budgets also, how to do you tax net worth/wealth, since much of it is basically unrealized capital gains and based on arbitrary values of assets do you force them to sell those assets (in particular shares, which would consequentially bring down prices of stocks anyway and might cause a panic of selling stocks and maybe even a crash) honestly I have no idea on how taxing unrealized capital gains or net worth works and America practically relies on income tax overwhelmingly and by the looks of our gov't spending, I don't think we can drastically cut a vast majority of it Id keep income tax, capital gains tax, and drastically lower corporate taxes like Trump did for income tax, I'd say across the board tax cuts but unlike GOP that focuses on bottom and top brackets, I would target middle class brackets like 97 cuts (to stimulate max demand and also incorporate a more flat fair burden on middle class), and I would say we tax capital gains on not a annual but on every transaction basis by on amount of profit (GOP wouldn't like that lol) corporate taxes should also be minimal by ideal in my opinion (democrats wouldnt like that) certain things like more progressive brackets and less across the board but focus on middle class, etc. would be needed to draw both sides to negotiating table

[@markcrawford5810]

Trickle down economics is just a boogie man term.

[@aiden359]

Supply side economics is a boogie man policy that damages the country

[@xxxxxx-kk7mh]

@@markcrawford5810 propoganda video

[@markcrawford5810]

@@xxxxxx-kk7mh Did you even watch it?

[@joecole5643]

@@aiden359Supply side destroyed double digit inflation. I will take supply side over double digit inflation any day. Notice how the Republican states (TX, FL) that practice supply side economics have a low cost of living compared to progressive states (CA, NY). And no it's not because more people want to live in blue states. The census shows people moving form blue to red states.

[@hitthegoat]

Lol what?

[@Your6figurementor]

It HAS been tried out in Kansas and it collapsed the economy.

[@harmanjotsingh4230]

what about crude oil prices that collapsed (huge since Kansas is 10th ranking state for production) which also spurred a brief recession in Canada as well know, 7 states don't even have a income tax (Washington, Texas, etc. and likely Tennessee in near future)

[@toddgattfry5405]

Trickle up economics 😂

[@BostonClipper]

"fully play out"... see Kansas

[@Jamal-Ahmed786]

If tax cuts create jobs lets see how many jobs 0 taxes on the rich create 🙄

[@harmanjotsingh4230]

not the rich, but I'd say corporations