No, the GOP isn't bringing back trickle-down economics

They may, however, bring back supply-side economics. Here's the difference.

Trickle-down economics will not be making a comeback.
(Image credit: Gary Waters/Ikon Images/Corbis)

You may have heard there's a presidential campaign going on. One of the favorite lines of attack by Democrats against Republicans is the idea of "trickle-down economics." It goes something like this: Republicans believe in trickle-down economics, trickle-down economics is bad, thus Republicans are bad. That was basically the content of Barack Obama's attacks on Mitt Romney in 2012 (he did make an easy target), and Hillary Clinton is fond of reprising the cliché on Twitter and on the stump.

Now, "trickle-down economics" is a term of abuse used to refer to "supply-side economics." But the two are actually vastly different from one another. Supply-side economics is popular in the GOP, but it's very different from "trickle-down economics."

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Pascal-Emmanuel Gobry

Pascal-Emmanuel Gobry is a writer and fellow at the Ethics and Public Policy Center. His writing has appeared at Forbes, The Atlantic, First Things, Commentary Magazine, The Daily Beast, The Federalist, Quartz, and other places. He lives in Paris with his beloved wife and daughter.