A significant problem with the implementation of supply-side economic policies under both Reagan and George W.Bush is that

Question

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Although both Reagan and George W. Bush implemented supply-side economic policies that aimed to lower taxes and reduce regulation, government spending was allowed to increase during both administrations, despite declines in government revenues. This led to an increase in the federal deficit and a reliance on borrowing to fund government programs and initiatives. This runs counter to the principles of supply-side economics, which advocate for lower government spending and a smaller role for government in the economy.

A Significant Problem with the Implementation of Supply-Side Economic Policies