supply-side economics

noun

(functioning as singular) a school of economic thought that emphasizes the importance to a strong economy of policies that remove impediments to supply

An economic theory that holds that, by lowering taxes on corporations, government can stimulate investment in industry and thereby raise production, which will, in turn, bring down prices and control inflation. The theory also favors improvements in education and training to make workers more productive and reducing the welfare state (see also welfare state) to spur individuals to work harder. Supply-siders focus on increasing the supply of goods rather than stimulating demand by granting subsidies to the public. Supply-side economics influenced the presidency of Ronald Reagan.

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Example Sentences

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Perhaps it was supply-side economics that did the trick.

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There's no need to keep pretending that "supply-side economics" actually work or that climate change isn't real.

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And he embraced supply-side economics, which calls for increasing the supply of goods and services while cutting taxes to promote job creation, business expansion and entrepreneurial activity.

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Reagan, Nixon, a Bush and a Shrub drilled into me the inadequacies and inequities of supply-side economics while also pounding me over the head with misogyny, racism, greed, fear, idolatry and fascism.

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Supporters of this middle housing legislation say market forces and supply-side economics will one day lower housing prices for everyone.

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supply-side supply-sider

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