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May 5, 2021 9:28 am at 9:28 am
#1971210
Reb Eliezer
Participant
Under Reagan. we had the highest deficit at that time, so George H. W. Bush said that trickle down econimics by Milton Friedman is voodoo economics. When demand is low, there is no incentive to increase supply. Increasing supply will not necessarily increase demand.