{"id":9314,"date":"2011-04-16T17:52:44","date_gmt":"2011-04-16T21:52:44","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=9314"},"modified":"2011-04-16T17:52:44","modified_gmt":"2011-04-16T21:52:44","slug":"return-of-supply-side-economics","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/9314\/return-of-supply-side-economics\/","title":{"rendered":"Return of Supply-Side Economics?"},"content":{"rendered":"<p><a href=\"http:\/\/www.economist.com\/node\/18560739\" target=\"_blank\"><em>The Economist<\/em><\/a> explains how \u201cThe Party of No\u201d is most unified around the theme of being anti-Keynesianism.\u00a0 Keynesianism teaches that government can grow the economy by spending tax dollars to stimulate consumption (i.e. demand).<\/p>\n<p>Rep. Paul Ryan (R-WI) and other Republicans supporting his \u201cPath to Prosperity\u201d budget argue that cutting taxes gives individuals more money to save and invest in production (i.e. supply), the increase of which creates more jobs.<\/p>\n<p>Not all GOP-ers are sold on Ryan\u2019s revived supply-side theory.\u00a0 Instead, they prefer to focus on spending cuts as a matter of principle.\u00a0 Come election season, it isn\u2019t likely that voters will support merely cuts.\u00a0 They\u2019ll want a vision of what the extra money in their pockets can do.<\/p>\n<p>If recent history is any guide, I suspect Paul Ryan will emerge as the main spokesman for the positive vision of limited government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Economist explains how \u201cThe Party of No\u201d is most unified around the theme of being anti-Keynesianism.\u00a0 Keynesianism teaches that government can grow the economy by spending tax dollars to stimulate consumption (i.e. demand). Rep. Paul Ryan (R-WI) and other Republicans supporting his \u201cPath to Prosperity\u201d budget argue that cutting taxes gives individuals more money [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[70,56,2602,2604,802,334,61,2603,71],"class_list":["post-9314","post","type-post","status-publish","format-standard","hentry","category-posts","tag-budget","tag-government","tag-keynesian","tag-party-of-no","tag-paul-ryan","tag-republican-party","tag-spending","tag-supply-side-economics","tag-taxes"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/9314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=9314"}],"version-history":[{"count":2,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/9314\/revisions"}],"predecessor-version":[{"id":9316,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/9314\/revisions\/9316"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=9314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=9314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=9314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}