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John Waelti: Demand-side economics: Lack of demand inhibits growth
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The basic argument over economic stagnation, its causes and remedy, continues - in the Congress and across the nation. There are two general conflicting viewpoints for remedy: supply-side and demand-side. The supply-side view holds that if taxes were reduced, and burdensome regulations - usually unspecified - eliminated, businesses would have the incentive to invest and employ more people.