re supply side economic policy was re david stockman in article ufk gqu wbke cx v andrew cmu edu ashish arora ashish andrew cmu edu writes excerpts from netnews sci econ apr re supply side economic po by not a boomer desire wrig the deficits declined from reaching a low of of gnp before the tax and spending hike of reversed the trend brett is this true some more details would be appreciated yes sadly this is true the primary reason and the essence of the details that you are seeking is that the grahm rudman budget controls were working in fact they were working so well that unless the feds did something they were going to have to start cutting pork so bush and the democrats got together in a budget summit and replaced grahm rudman with the now historic grand compromise in which bush consented to raise taxes in exchange for certain caps on spending increases as it turned out the taxes killed the reagan expansion and the caps on spending increases were dispelled by clinton in his first act as president so that he could create his own new plan with more tax increases the result is that clinton now hopes to reduce the deficit to a level above where it was when reagan left office chew on that awhile
