Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
293,695
edits
Changes
Jump to navigation
Jump to search
Line 215:
Line 215: +
→Stagnation of the economy: Negative supply side
==Stagnation of the economy: Negative supply side==
==Stagnation of the economy: Negative supply side==
[[File:Hugo black kkk.jpeg|right|300px|thumb|]]
Supply side economics<ref>The term was invented in the 1970s.</ref> can have a goal of expanding the supply of labor and capital, as typified the [[Ronald Reagan]] administration in the 1980s. But it can also be the reverse or "negative supply side," trying to reduce the unemployed, for example, by moving millions of people out of the labor force, as by relief agencies (CCC, WPA etc.), retirement (Social Security, Old Age pensions) or (staring in 1940) the military draft.\
Supply side economics<ref>The term was invented in the 1970s.</ref> can have a goal of expanding the supply of labor and capital, as typified the [[Ronald Reagan]] administration in the 1980s. But it can also be the reverse or "negative supply side," trying to reduce the unemployed, for example, by moving millions of people out of the labor force, as by relief agencies (CCC, WPA etc.), retirement (Social Security, Old Age pensions) or (staring in 1940) the military draft.\