"Trickle-down": supply-side economics creates tax cuts for the wealthy.
Supply-side economics suggests tax cuts for the wealthy. Those tax cuts will be used to create new jobs. New jobs will give more money to the middle-class.
This economic policy makes sense in theory and in some cases the tax cuts resulted in more jobs and higher wages. However, mostly it led to a large gap in wealth as the wealthy kept the money instead of reinvesting in jobs and wages. Eventually as the US moved industry overseas, tax cuts for the wealthy meant the expansion of jobs overseas instead of American jobs. Meanwhile the middle-class pay higher taxes to make up for the loss of taxes from the upper class.
Answer: MIRABEAU B. LAMAR: POET) PRESIDENT)
AND NAMESAKE FOR A UNIVERSITY
Mary Scheer
2014
Sitting on a pedestal in the center ofthe Lamar University quadrangle in
Beaumont, Texas.
Explanation: best i can do
Your answer is Enslaved Africans.
Hope I helped;)
A controversial piece of supply-side economics is the <span>increased funding for the government. Supply-side economics is an economic theory in which states that economic growth will be possible in investing capital and letting products, services, and goods enter. </span>
