Ask Dr Romance – by Mrs Figgins
- Free Advice & opinion on everyday issues – marriage, children, friendship, love, etiquette, politics & faith – dispensed by Mrs Figgins with common sense & good old-fashioned-values!

Supply side economics?

 

Dear Mrs. Figgins:

I am trying to educate myself in what is happening financially with the United Sates.

My parents liked the President Ronald Reagan and know you have written about him.

Please explain what is supply economics?

Christin, Mittenwald

 

Dear Christin:

Great question!

I am not an economist, and there far better and more in depth writings on this particular subject.

However, the simple explanation I can offer is that “supply side” economics, also referred to as “trickle-down” economics is an economic theory  whereby reducing tax rates, especially for businesses and the wealthy, stimulates savings and investment for the benefit of everyone.

Consider me a believer.

Mrs. Figgins

 

www.askdrromance.com    Free Relationship Advice On Everyday Topics