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Will a supply-side revolution revive US growth?

  • Voodoo Economics

We don’t think this is likely:

  • Previous experience hasn’t shown it
  • The Reagan revolution is overhyped, growth didn’t accelerate whilst inequality rose
  • Today’s conditions are even less conducive, corporate tax income has fallen for decades, profits are at record highs, so are corporate cash balances, interest rates are at record lows. That is, corporations have plenty of funds to invest.
  • Instead they pay out almost all profits in dividends and stock buybacks, strongly suggesting the problem lies in corporate governance.

For details and join the discussion at:

  • Supply-side revival unlikely
Voodoo Economics
September 18, 2016 admin

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Must read report on corporate tax → ← Trump accuses Yellen and Obama on secret pact with nefarious desire to prevent an economic crisis..

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