Quotes & Sayings About Supply Side Economics

Any system that penalizes success and accomplishment is wrong. Any system that discourages work, discourages productivity, discourages economic progress, is wrong. If, on the other hand, you reduce tax rates and allow people to spend or save more of what they earn, they'll be more industrious; they'll have more incentive to work hard, and money they earn will add fuel to the great economic machine that energizes our national progress. The result: more prosperity for all - and more revenue for government. A few economists call this principle supply-side economics. I just call it common sense. — Ronald Reagan

As secretary, Mellon was a pioneer of supply-side economics, cutting tax rates in order to spur investment and economic — Jeff Miller

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

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

I helped Ronald Reagan and Jack Kemp develop supply-side economics. — Newt Gingrich

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

In a parody of the supply-side economics of creative destruction, advocates of AB 32 envisaged "alternative" energy sources creating new jobs and industries and replacing existing fuels. Thomas Friedman's Hot, Flat, and Crowded3 is the bible of this delusional sect, which has captured much of Silicon Valley. This economic model sees new wealth emerge from dismantling the existing energy economy and replacing it with a medieval system of windmills and druidical sun temples. But the destruction of the workable and efficient energy system we have does nothing to enable a new one. — George Gilder

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

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

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

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