What do you mean by the "business cycle"? @sɪᴅɪsɴᴏᴛʜᴇʀᴇ

"Boom and busts"

@Neco2040

Ok, what about it

What do you believe causes it?

Every time we try supply side economics, there is a boom bust cycle

The economy grows, then it crashes

Define supply side economics, what policies?

@Neco2040

And why does "supply side economics" cause it?

Deregulation and tax cuts

Every time we deregulate and cut taxes, there is growth for a short period of time, then the economy crashes

But why does supply side cause it?

you do know correlation is not causation

So why do tax cuts and deregulation cause it?

If it happened once, the causation-correlation argument would be reasonable, but it happens time and time again

Nope thats still not causation

Why do tax cuts cause recessions(or the business cycle)

and why does deregulation cause the business cycle

For example, in '08, the market crashed because of the deregulation of glass steagall, banks were investing in deravitives with our money

derivatives*

But glass stegal had nothing to do with the crash

nor was glass steagal fully deregulated

it was deregulated 1/4th

But thats a different topic and I'll debate that later

Why do tax cuts cause recessions? or the business cycle

I don't know how much tax cuts contribute to recessions, but my main issue with tax cuts for the wealthy is that it's harder to balance the budget and pay for programs to help Americans

But then why do you think they cause recessions?

(fun fact everytime a tax cut has happened, tax revenue has risen)

which completely goes against that thought

Not to mention, most tax cuts are for the general population ( which includes the wealthy)

I would contribute most of the blame to deregulation not tax cuts. But tax cuts do play a role as-well. For example, corporations are using their tax cuts for stock buy-backs

which artificially inflates the market

But that still doesn't explain how that causes a recession?

Stock buybacks don't do anything such

And 'fun fact' isn't true

but what do they "inflate"

Neco I can list every tax cut, and it's raised tax revenues

Coolidge tax cuts, Harding, Reagan, JFK, Bush, Trump

These are one of few

THe deficit literally went up