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Liberals Look Towards Supply-Side Future

A new economic movement is building with the Democratic party. The Biden Administration is pushing for a progressive version of supply-side economics, and it could rewrite liberal policy-making for years to come.

 

Speaking to the World Economic Forum in January, Treasury Secretary Janet Yellen announced the Biden-Harris Administration’s latest economic sales pitch: modern supply-side economics. Secretary Yellen immediately sought to differentiate the new “Bidenomics” from Reaganomics, which popularized supply-side economics as a right-wing governi