Those Republican Congressional majorities then balanced the budget the supply side way, cutting tax rates, on investment, and cutting spending.

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The confidence often placed in the positive effect of supply-side reforms should be balanced against the fact that the EU has implemented many supply-side initiatives over the past three decades (the 1992 program, EMU, competition reforms, Lisbon and other agendas) and yet the EU15 economies have grown at a slower rate in each decade since the 1960s.

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Supply was also relatively balanced with global demand, so life was good for growers and wineries alike.

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Real-estate agents consider a market balanced when there is a six-month supply of homes for sale.

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Further out, managers think the remainder of 2012 will be relatively balanced from a technical standpoint, with strong supply facing off with bountiful inflows.

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If we had a balanced budget today, the right thing to do would be to implement supply-side tax cuts to increase our RGDP growth rate.

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