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- Trickle-down (Supply Side) Economics is a Liberal Fiscal Policy
Trickle-down (Supply Side) Economics is a Liberal Fiscal Policy
Trickle-down economics, i.e. the idea that if you give the rich lots of money it will improve the economy, is traditionally associated with financial conservatism, yet the reality is quite opposite.
This is an unproven claim, and in fact there is significant evidence for the opposite claim.
So in truth, supply-side economics is a liberal economic approach in the pure sense that it’s a crazy idea that’s untested as opposed to a data-backed model for success.