Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
I wish it would too but supply side economics cherishes the notion of exploiting ever cheaper sources of labor no matter the ill effect it has on the people who work to put profit in the owner's pocket or any national economy or environment. The bottom line for the moneyed few is the only consideration in that system.Look, we are not a Dickesonian society. America is loaded with opportunity. I wish manufacturing base would come back because that would be a huge shot in the arm to economy in terms of investment and disposable income of consumers.For whom? Income inequality is approaching late 19th century levels after decades of giving big business practically everything they wished for, soon they will have accomplished destroying our safety nets with their pet politicians while wages will continue to be flat or even decline, I see supply side economics as a roadmap to plutocracy, it works wonderfully to concentrate wealth at the top and to keep the working poor dependent on their usurious credit lines and for profit healthcare.I know that a rising tide does not, in fact, raise all boats, tired of people still trying to sell that biggest lie of the 20th century.No single dogmatic economic philosophy works on it's own without hurting the working class, it's why we and the rest of the western world use a mix of what seems to work to keep the poor from storming the halls of government or hanging bankers in the public square.
Of course there's a mixture but if you're not leaning EXTREMELY far toward supplyside theories and away from Keynes, you don't know much economic history.
Nothing works 100%, but relative to your liberal theories of big govt spending, the rising tide does an EXPONENTIAL amount more.
1929 and 2008 ave no comparison. WW II got us out of the Great Depression...not Keneysian policies.Not really but we do know what did happen.
Before you post it, your come back will be, it prevented a depression. Which is just a guess, just as it would be a guess to say what would happen without the stimulus.
The entire theory for enacting the stimulus was what happened in 1929 when the stock market crash similar to 2008. The (GOP) government did nothing and just let things work themselves out on their own ("the market will adjust"). There was no stimulus, no government actions...nothing.
Guess what happened? The depression got much...MUCH....worse...the economy went from being bad to totally falling off a cliff. It led to the 1932 elections with Democrats taking over the government and the peak of the depression didn't occur until 1933...a full four years after it started.
So yeah....we kinda have a good idea what would've happened without stimulus. The central government was the ONLY creditable name out there to get money flowing...it had to take action, and it did.
Still government spending even if they were spending it on bombs rather than food and jobs.1929 and 2008 ave no comparison. WW II got us out of the Great Depression...not Keneysian policies.Not really but we do know what did happen.
Before you post it, your come back will be, it prevented a depression. Which is just a guess, just as it would be a guess to say what would happen without the stimulus.
The entire theory for enacting the stimulus was what happened in 1929 when the stock market crash similar to 2008. The (GOP) government did nothing and just let things work themselves out on their own ("the market will adjust"). There was no stimulus, no government actions...nothing.
Guess what happened? The depression got much...MUCH....worse...the economy went from being bad to totally falling off a cliff. It led to the 1932 elections with Democrats taking over the government and the peak of the depression didn't occur until 1933...a full four years after it started.
So yeah....we kinda have a good idea what would've happened without stimulus. The central government was the ONLY creditable name out there to get money flowing...it had to take action, and it did.
According to them we need to gut all labor and environmental law to better compete with China's disregard for it's people's ability to spend, breathe and live past 40.Occupied: Entrepreneurs invest their own venture capital into a business. They get to call the shots. We have to encourage them to invest in the United States of America.
According to them we need to gut all labor and environmental law to better compete with China's disregard for it's people's ability to spend, breathe and live past 40.
1929 and 2008 ave no comparison. WW II got us out of the Great Depression...not Keneysian policies.
Small business does this? We will never compete with Chinese labor so long as they manipulate currency. Our labor and environmental laws have nothing to do with it in the big picture. But, the business environment in United States is restrictive.According to them we need to gut all labor and environmental law to better compete with China's disregard for it's people's ability to spend, breathe and live past 40.Occupied: Entrepreneurs invest their own venture capital into a business. They get to call the shots. We have to encourage them to invest in the United States of America.
Consumer economy of 1920's had to correct itself at some point. Poor banking practices is a theme of both, but the Smoot-Hawley tariff was also a factor.1929 and 2008 ave no comparison. WW II got us out of the Great Depression...not Keneysian policies.
If it wasn't Keneysian policies it sure as hell wasn't supply side economics either, in fact it's arguable that supply side economics is what brought on the depression.
Obama s stimulus package 5 years later Dems defend Republicans ridicule - Washington Times
When are liberals going to understand that spending taxpayers money on public works projects is not the answer to our economy. These are short term boondoggles that go to Congressional districts where senior Democrats have the seat. Conservatives, however, must get off the income tax cut trip that they are on. We do not manufacture big ticket items in America anymore. If an individual gets a tax rebate and goes out and buys a washing machine, refrigerator, microwave, television, computer, etc. it stimulates the Chinese economy when factory orders go up. JFK's tax cut of 1962 was a success because orders went up for American factories due to the fact these big ticket consumer items were manufactured in the USA.
Do you know for certain what would've happened had there been no stimulus?
Not really but we do know what did happen.
Before you post it, your come back will be, it prevented a depression. Which is just a guess, just as it would be a guess to say what would happen without the stimulus.
The entire theory for enacting the stimulus was what happened in 1929 when the stock market crash similar to 2008. The (GOP) government did nothing and just let things work themselves out on their own ("the market will adjust"). There was no stimulus, no government actions...nothing.
Guess what happened? The depression got much...MUCH....worse...the economy went from being bad to totally falling off a cliff. It led to the 1932 elections with Democrats taking over the government and the peak of the depression didn't occur until 1933...a full four years after it started.
So yeah....we kinda have a good idea what would've happened without stimulus. The central government was the ONLY creditable name out there to get money flowing...it had to take action, and it did.
Obama s stimulus package 5 years later Dems defend Republicans ridicule - Washington Times
When are liberals going to understand that spending taxpayers money on public works projects is not the answer to our economy. These are short term boondoggles that go to Congressional districts where senior Democrats have the seat. Conservatives, however, must get off the income tax cut trip that they are on. We do not manufacture big ticket items in America anymore. If an individual gets a tax rebate and goes out and buys a washing machine, refrigerator, microwave, television, computer, etc. it stimulates the Chinese economy when factory orders go up. JFK's tax cut of 1962 was a success because orders went up for American factories due to the fact these big ticket consumer items were manufactured in the USA.
