Supply Side Economics
The concept is that tax cuts will boost investment leading to an increase in the supply of goods in the economy. To be compared with demand led Keynesian economics.
The Laffer curve and supply side economics inspired Reaganomics and the Kemp-Roth Tax Cut of 1981.
Don't tell me about supply side economics or a 'service based economy' as a means out! It's failed and it's no one party's fault over the other. The short sighted, corrupt, think-only-of-their-own-bank-account fools need to move aside.
 See also: Action, Cover, Share, Low, Point
  
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