\nSupply-side economics claims that by lowering taxes, investment will be stimulated which will more than make up for the lost tax revenue.<\/p>\n
\nAlthough supply-side economics is associated with Ronald Reagan, a philosophical argument might suggest that any government that runs successive deficits believes in supply-side economics. Otherwise, they would raise taxes in order to finance their programs so the budget would be balanced.<\/p>\n
\nThe US government has run a deficit since around 2002; the Canadian, since around 2016.<\/p>\n
\nSource:<\/p>\n
canada.ca<\/a><\/p>\n tradingeconomics.com<\/a><\/p>\nJack of Oracle Tutoring by Jack and Diane,<\/a> Campbell River, BC.\n","protected":false},"excerpt":{"rendered":" Self-tutoring about economics: the tutor begins about supply-side economics. Supply-side economics claims that by lowering taxes, investment will be stimulated which will more than make up for the lost tax revenue. Although supply-side economics is associated with Ronald Reagan, a …<\/p>\n