| steverhcp02 said: What i find funny about people who blame Unions for economic demise: For every 1 lazy scrub there are 99 hard working people in safe conditions working hard, being protected. Yet they point out the one lazy scrub to demolish everything unions have done for this country. For every 1 millionaire....excuse me "job creator" that invests money in his company there are 99 who pile money into trust funds, yachst, vacation homes or savings accounts. Yet they love and point to that 1 as reason why trickle down works. Supply side economics is utterly wrong. Giving the widget maker more money to make widgets doesnt work when there is no one to buy the widgets. You give the consumer money to buy, businesses need to produce, you give the CEO money why would he/she waste it on excess stock and production costs when the consumer isnt in a better position to buy the goods? |
Why would the consumer waste money on excess stock and production costs when the consumer's demand is artificially inflated by the government and therefore going to disapear at some point forcing them to basically fall of a cliff when that happens dooming their company?
Supply side economics is right... it's just OLDSCHOOL supply side economics that are right.
IE: Tax cuts to the rich don't really help in the long run.
Wealth is only created by the actual creation of wealth.
AKA creating new demand. Not stimulating false demand.
Which is why MOST wealth is produced by new entrepuners and inventors.
These people get money from banks.
As there are more products that people demand, the prices will go down as the products compete direct and indirectly with each other., people will be able to afford more products they want. Which will raise their standards of living and their wealth.
Of course the problem is that laws have basically gone out of their way to HURT new entrepuners, whether it be further complicating and screwing up IP laws, BOTH partes helping out their expensive corporate lobbyists and taxes that end up targeting entrepenuers and small buisnesses the hardest. (IE Millionaires tax.)
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