Reagan's Economic Package: It's Not Good Enough

Bethell, Tom
April 1981
National Review;4/3/1981, Vol. 33 Issue 6, p342
The article comments on the economic package proposed by the administration of U.S. President Ronald Reagan in 1981. It discusses the meaning of the term marginal in relation to tax rates. It contends that there are no marginal effects in the Keynesian macroeconomic theory which was dominant since the 1930s. It examines the reasons behind the support of Democratic and Republican politicians for supply-side economics. It also comments on the spending cuts being planned by the Reagan administration.


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