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Supply side economics works when you need to unburden the suppliers. This was necessary in the 70s, after 40 years of regulatory overreach. However, we are not suffering today because suppliers are in trouble. In fact, because of all the consolidation, subsidies, bailouts, and tax cuts over the past 30 years, corporations have never been wealthier. The problem is demand. (For this you need a different tool box)
(Silly rabbits. Banks and corporations are sitting on trillions -therefore: tax cuts are not going to cause them to add jobs. They are not going to add jobs until there is sufficient demand. They can't add jobs until the middle class is solvent enough to spend. The middle class will not spend if you impose austerity programs on them in order to give the already-wealthy trillions more)
Demand Demand Demand
balablablabla...
So Obama campaigns on how evil the Bush taxbreaks are, and then he extends them. did he cut spending? Nope. Why? Because he is insane!Obamanomics sure seems to be working.
Cutting taxes without and equivalent cut in spending is fiscal insanity
Supply side economics works when you need to unburden the suppliers. This was necessary in the 70s, after 40 years of regulatory overreach. However, we are not suffering today because suppliers are in trouble. In fact, because of all the consolidation, subsidies, bailouts, and tax cuts over the past 30 years, corporations have never been wealthier. The problem is demand. (For this you need a different tool box)
(Silly rabbits. Banks and corporations are sitting on trillions -therefore: tax cuts are not going to cause them to add jobs. They are not going to add jobs until there is sufficient demand. They can't add jobs until the middle class is solvent enough to spend. The middle class will not spend if you impose austerity programs on them in order to give the already-wealthy trillions more)
Demand Demand Demand
balablablabla...
Demand side (read: Keynesian) economics has been tried for at least the last century and has shown itself to be a towering failure....The supply side flip of the coin has borne no better fruit.
Time to face up to the fact that all the technocratic and bureaucratic central planners in the District of Criminals haven't the vaguest idea of what they're doing, other than "investing" for political returns to keep them in office, while the real producers pick up the tab.
Obamanomics sure seems to be working.Trickle down will fix everything
Cutting taxes without and equivalent cut in spending is fiscal insanity
Supply side economics works when you need to unburden the suppliers. This was necessary in the 70s, after 40 years of regulatory overreach. However, we are not suffering today because suppliers are in trouble. In fact, because of all the consolidation, subsidies, bailouts, and tax cuts over the past 30 years, corporations have never been wealthier. The problem is demand. (For this you need a different tool box)
(Silly rabbits. Banks and corporations are sitting on trillions -therefore: tax cuts are not going to cause them to add jobs. They are not going to add jobs until there is sufficient demand. They can't add jobs until the middle class is solvent enough to spend. The middle class will not spend if you impose austerity programs on them in order to give the already-wealthy trillions more)
Demand Demand Demand
balablablabla...
Demand side (read: Keynesian) economics has been tried for at least the last century and has shown itself to be a towering failure....The supply side flip of the coin has borne no better fruit.
Time to face up to the fact that all the technocratic and bureaucratic central planners in the District of Criminals haven't the vaguest idea of what they're doing, other than "investing" for political returns to keep them in office, while the real producers pick up the tab.
And yet you can sit down and type a message on a keyboard that can be shared with thousands. You can stream video, have tele-conference, visit anywhere in the world in hours, live in home which has heating, plumbing, electricity, you can enjoy tropical fruits anytime of the year, you can expect to live into at least 70s, you have hundreds of channels to choose from on the tv, depending on where you live, any product you may want is just a short ride away.
Yep..they haven't a clue..
Very well stated. Too bad the willfully ignorant RW echo chamber won't read the post above. It is spot on accurate; the 'study' presented in the OP by the American Enterprise Institute for Public Policy is nothing more than an opinon piece in support of conservative business interests; interests who are only interested in their own profit and not the American people.
"Very well stated?" that was a cut and paste opinion piece by who knows who, he didn't write that bull himself...The piece I posted is based on the research done by those three economist idiot
You libs kill me...you see how the federal government screwed things up, wastes money, payoffs to buddies of these crooked politicians and you want more big government? People in Washington D.C. are the only ones that are doing well in this screwed up economy, lets send them more money, lets not cut spending, lets create more useless federal Jobs, More agencies, more bureaucrats ,more big government programs either you libs are blind or just plain fools .Hey I wonder if the Londoner is really from London?...
