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AP US Government
Unit 4 – American Political Ideologies and Beliefs
Topic 4.9
How did President Bush’s tax cuts in early 2000s reflect supply-side economic ideology?
The tax cuts were intended to spur investment and economic growth, central tenets of supply-side economics.
They signified an approach focused on reducing national debt and balancing the budget.
They represented a shift towards neoliberal policies emphasizing less state involvement in markets.
They reflected Keynesian theory advocating increased public expenditure for job creation & stimulating demand.
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AP US Government - 4.9 Ideology and Economic Policy
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Tax Cuts
Early 2000s
President Bush
Supply-side economic ideology
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