WatertheTree
Senior Member
- Sep 9, 2011
- 1,804
- 171
- 48
I agree.
Also, stimulus spending nor government spending creates long term jobs.
How do you create demand?
By offering a product people want.
Like me for example, the economy is down, the other shops around are slow, but i'm still busy...why? Because I offer a good price along with quality work which creates more demand for my services than the other shops .
Another example is apple's I phone. People want it so they sell well.
I dont know of a single person that doesnt want a new home, but they arent selling.
My point is that you not only have to have demand, but you have to have a means to purchase. We got plenty of demand, we consume like no other civilization before us, that hasnt slowed down. What has slowed is ability to buy. It has been slowing for 20 years, but we patched it with credit. Now thats gone, so were just fucked.