New York Times Obit: "Supply-Side Economics"

An announcement appears in today's New York Times of the imminent demise of "a frequently misleading and meaningless buzzword" and its "perversions ... long past time ... to be put to rest ... for good." Bruce Bartlett, senior advisor to Reagan and Bush I, author of Impostor: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy, and "present at the creation of 'supply-side economics,'" now ridicules its nefarious notion that "all tax cuts raise revenue," adding that it threatens to undermine the enormous gains that have been made in economic theory and policy over the last 30 years. Perhaps the best way of preventing that from happening is to kill the phrase "supply-side economics" and give it a decent burial. Maybe my colleague Craig Jennings, prospective Ph. D. candidate, can put the shovel down now.
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