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Abstract: A 5 page paper reconciling the relationships between supply-side economics, tax cuts and the apparent route to the true reduction of national debt. Studies have shown that the most successful of the European countries working to bring their economies in line for membership in the EMU have been the ones that have combined governmental spending cuts with a resistance to raising taxes. Those that have cut taxes have performed well, but the most effective area of spending cuts has been that of public welfare and government wages. Bibliography lists 4 sources.
Catagory: Money & Banking / Corporate Finance
Subcatagory: Accounting & Personal Finance
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