*noun*; a subdivision of economics that focuses on addressing recessions by stimulating supply, rather than demand. During a recession, supply siders recommend cutting taxes rather than increasing government spending.
"Supply side" is in contrast to traditional practitioners of Keynesianism, "demand siders" who believe the main fiscal policy tool for recessions should be increased government spending.
Both supply siders and demand siders believe the government is responsible for formulating effective fiscal policy during recessions.
The most famous advocate of supply side economics was Arthur Laffer.
"Supply side" is in contrast to traditional practitioners of Keynesianism, "demand siders" who believe the main fiscal policy tool for recessions should be increased government spending.
Both supply siders and demand siders believe the government is responsible for formulating effective fiscal policy during recessions.
The most famous advocate of supply side economics was Arthur Laffer.
When Ronald Reagan ...promised to cut taxes ...he claimed tax revenue would go up, not down... as the economy boomed in response to lower rates. Since then, supply side economics ... has become a central tenet of Republican political and economic thinking in the country.
"McCain sticks to Supply Side Economics..." *International Herald Tribune* (24 March 2008)
"McCain sticks to Supply Side Economics..." *International Herald Tribune* (24 March 2008)
by Abu Yahya March 5, 2009
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by Jed Fearon January 19, 2009
Get the self-esteem surplus mug.Is said of something of which additional units are required in the context of Terran technology. Alternatively, in a Protoss setting, the very powerful and popular Pylons are required. From a Zerg standpoint, though, it would be advisable to spawn more Overlords.
by Azure Flash July 10, 2007
Get the supply depot mug.The economic face of Jesus as imagined by (some) Republicans. Usually used as a sarcastic retort when economic interests seem to be placed ahead of social justice.
by Markus5 October 7, 2009
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Everything that ho told you is surely marlarkey.
You so full of surely marlarkey you believe yer own spew.
You so full of surely marlarkey you believe yer own spew.
by Milan Mistakey July 28, 2008
Get the Surely Marlarkey mug.In city, county, state, and federal governmental organizations, a surplus is a situation where such organizations take in more money than they pay out.
George W. Bush took the budget and flushed it down the toilet. We had a surplus when we came in, now we have record deficets.
by jesster79 March 1, 2005
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