The idea that if governments cut taxes but not spending, people will not change their behavior, and expansionary policy will have little expansionary effect is known as:

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The idea that cutting taxes without reducing spending will have little or no expansionary effect is known as Ricardian equivalence, named after the 19th century economist David Ricardo. According to Ricardian equivalence, individuals will anticipate that the government will have to pay off the debt incurred from tax cuts and will save the extra income rather than spend it, resulting in no significant effect on the economy.

The Idea That If Governments Cut Taxes but Not Spending