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Supply-Side Economics Explained

Finally, a picture that captures Reaganomics, or perhaps supply-side economics as now practiced by the Cheney-Bush presidency.¹

A friend emailed me a copy of this. Bill, I've seen enough of trickle-down economics. Please don't send me the picture that depicts the Laffer Curve.

1.  Let's not forget that the economic policies of the Reagan administration are vastly different from the bogus sleight-of-hand tactics practiced by today's Busheviks. See Bruce Bartlett's op-ed on "How Supply-Side Economics Trickled Down," New York Times, April 6, 2007.