Supply - siders argue that
the surge in government spending in the late 60s & 70s did not seem have a similar impact on economic growth, but Keynesians argue that the variable of increased energy prices was not controlled.)
Not exact matches
Last year it defied skeptics by growing its GDP an estimated 7.3 percent year - over-year, more than China and India, thanks to a
surge in household and
government spending.
However, looking to the US, he predicted that President Trump's promise of an increase
in spending and a reduction
in taxes would lead to a
surge in borrowing and an increase
in government debt.
After one austerity - related announcement
in 2011, when the
government announced steep
spending cuts, suicides
surged by over 35 percent, an increase that was then sustained through to the end of the study
in 2012.