Supply Side Economics Quotes

• Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy — what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.

  John Kenneth Galbraith

  Horse, Oats, Sides

  "Recession Economics". New York Review of Books, Volume 29, Number 1, February 04, 1982.

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• Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naive trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.

  Pope Francis

  Economic Inequality, Justice, People

  "The Joy of the Gospel: Evangelii Gaudium". Book by Pope Francis, w2.vatican.va. November 26, 2013.

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• President Reagan, Jack Kemp and other advocates of supply-side economics understood that pro-growth tax, spending and economic policies were essential to America's long-term economic and fiscal health.

  Bob Beauprez

  America, Long, Growth

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• What the issue here is, you get rid of all the conservative orthodoxy about capital gains, marginal tax rate, supply side economics, you just throw all that out the window, limited government and you just embrace the sheer and raw politics of resentment that have been bubbling the whole time and that`s what you get. You get Donald Trump.

  Chris Hayes

  Government, Issues, Gains

  Source: www.msnbc.com

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• Trickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.

  Greg Fitzsimmons

  Ideas, People, Giving

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• Economics is extremely useful as a form of employment for economists.

  John Kenneth Galbraith

  Government, Home Economics, Employment

  "Biography/ Personal Quotes". www.imdb.com.

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• Waiting for supply-side economics to work is like leaving the landing lights on for Amelia Earhart.

  Walter Heller

  Light, Waiting, Leaving

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• In the long run we are all dead.

  John Maynard Keynes

  Funny, Death, Running

  A Tract on Monetary Reform ch. 3 (1923)

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• There are two ideas of government. There are those who believe that, if you will only legislate to make the well-to-do prosperous, their prosperity will leak through on those below. The DEMOCRATIC idea, however, has been that if you legislate to make the masses prosperous, their prosperity will find its way up through every class which rests upon them

  William Jennings Bryan

  Believe, Government, Class

  Speech at Democratic National Convention, Chicago, Ill., 8 July 1896

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• It's kind of hard to sell 'trickle down,' so the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory.

  David Stockman

  Way, Sides, Kind

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• People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.

  John Kenneth Galbraith

  People, Risk, Investing

  "The Age of Uncertainty". Book by John Kenneth Galbraith, 1977.

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• It took the national debt two hundred years to reach $1 trillion. Supply Side Economics quadrupled the national debt to over $4 trillion in twelve years (1980-1992) under the Republicans. Bill Clinton actually paid down the national debt. How did he do it? He raised taxes. It produced the longest sustained economic expansion in U.S. History.

  Ed Schultz

  Years, Two, Expansion

  Ed Schultz (2009). “Straight Talk from the Heartland: Tough Talk, Common Sense, and Hope from a Former Conservative”, p.51, Harper Collins

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• I didn't wake up one day and say, you know, 'Supply-side economics doesn't make sense.

  David Brock

  One Day, Wake Up, Sides

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• As the Wall Street Journal called our economic plan, supply-side economics for the working man, is resonating in Minnesota and here in Missouri and across this country.

  Rick Santorum

  Country, Wall, Men

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• The only truly new ideas [the right] has come up with in the last twenty years are (1) supply side economics, which is a way of redistributing the wealth upward toward those who already have more than they know what to do with, and (2) creationism, which is a parallel idea for redistributing ignorance out from its fundamentalist strongholds to those who know more than they need to.

  Barbara Ehrenreich

  Ignorance, Years, Ideas

  Barbara Ehrenreich (1990). “WORST YEARS OF OUR LIVES”, Pantheon

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