what is demand side economics 
demand side economics could be seen as the opposite of supply side economics demand side economics maintains that increasing the demand for goods and services is the key to economic growth a demand side economic policy might call for large scale government spending on infrastructure projects in order to increase related production purchases and hiring demand side economics may also be called keynesian economics for john maynard keynes who developed the theory and advocated its implementation as a way out of the great depression of the 1930s was george h w bush a voodoo economist as vice president george h w bush wisely did not make any reference to voodoo economics he supported president ronald reagan s program of tax cuts on corporations and wealthy individuals as president bush might have been a more moderate proponent of voodoo economics in 1990 he raised the maximum individual income tax rate to 31 from 28 two years after promising to do no such thing that contributed to his failure to be reelected to a second term the bottom linevoodoo economics is a derogatory term for an economic policy that favors tax cuts for business and wealthy individuals as a way to spur economic growth that benefits all trickle down economics is another derogatory term for it its more formal name is supply side economics this theory argues that increasing production of goods and services leads the way to economic growth 