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by temp10298385 1659 days ago
Giving people more money (i.e tie wages to increase in productivity) is demand side economics.

Supply side economics is increasing the amount of available goods regardless of demand. The lagging wages are mitigated by credit, i.e. debt.

1 comments

You’re taking the words to literally.

“ Supply-side economics is a macroeconomic theory that postulates economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade”

No, you are being fallacious.

There are many thousand ways of "giving people money". Supply-side economics prescribes exactly one way of "giving people money", that's by lowering taxes.

You cannot claim that because supply-side economics supports one way of "giving" people money that every way of giving people money is supply-side economics.

You see that, right?

Grandparent said “giving people money is demand side economics”.
Fair enough.