In 2001, president George w Bush signed the economic growth and tax relief reconciliation act of 2001 (EGTRRA). This bill called
for large tax cuts just as the Economic recovery act of 1981 had benefited the wealthiest Americans. President's bush's approach to economics was very similar to that of presidents Reagan's. Explain the assumptions behind the theory of supply-side economics, and describe the consequences of Reaganomics
1 answer:
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