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influence on U.S. energy policy, which has been a joke for decades. Even a child of Reaganomics like me can see that. John Greathouse A foul manager can push you to the brink. How you can make certain you by no means have one particular once again. Recycled post: An attempt to explain supply Since I m on a work slowdown and people are having so much fun commenting on my most recent post on tax cuts and government revenues, I thought I d recycle a something I wrote in October 2006 when this blog was over at CNNMoney.com and hardly any of you folks were reading it: I got an e-mail a couple of weeks ago from Ben Etheridge Immo Killer V1.1, a high school senior in Marietta, Georgia, who had come across a 2003 article I wrote on the Bush tax cuts vag k +can commander full download. Ben said the article was more helpful in trying understand supply side economics than many other sources on the Internet but that, well, he still didn t understand supply-side economics. This may indicate that I don t understand the subject either, but Ben asked me if I could take another stab at explaining it. With the midterm elections less than two weeks away for a Congress loaded with apparent supply-siders, now seems as good a time as any to try: (Sadly, the great popularizer of supply-side economics, former Wall Street Journal editorial writer Jude Wanniski, is no longer around to critique what I come up with although you can read his annotation of my 2003 article here.) At its core, supply-side economics is the economics that reigned before John Maynard Keynes came along. You could also call it traditional economics, neoclassical economics, or mainstream economics. It assumes that people respond rationally to economic incentives, and unfettered markets arrive at something close to optimal results. Saving, in this worldview, is a good thing because savings are always put to use in productive investments that make the economy grow. During the Great Depression of the 1930s, with banks failing and people stuffing the money they still had in mattresses,
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