November 9th Meeting Notes

NOVEMBER, 9TH, 2008
Powerpoint should include:
- Laffer curve – fundamental demonstration of Supply side would be an effective approach
- Graph 143
- Total spending vs. per capita
o Reagan years
§ Bush administration tax cuts – not proper/true Supply side, entering recession, presidential popularity (long term, more popular)
- Supply side has never been implemented – goal to implement (primarily private) investment spending, implies long-term
o Therefore prove why other types of spending won’t work
- Deficit spending

Post Research before Thursday i.e. Tuesday:

Lana – Bush years, correlation between wages and investment in book
Yana – Deficit spending and capital spending
Courtney and Courtney C. – Reagan years
Yvette – definition of Supply side