Article highlights weakening U.S. economy (suspected, Kerry, education, percentage)
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That is unfortunate, I would like the economy to be as stable as possible. We are in no way prepared to deal with a weakening economy, no more tools in the kit.
So, does this mean the Pub orthodoxy of "Tax cuts/trickle-down/deregulation" doesn't work?
It was proven conclusively decades ago not to work. Why people still fall for that trick is beyond me.
The way to stimulate an economy is trickle up. The common people will spend it when they can get it (and save a smaller percentage), and the economic engine feeds off of that. Supply-side economics is just voodoo. The wealthy hoarders just sock it away or otherwise spend on elite items which do not generate many jobs. Things like DeVos's yachts.
It was proven conclusively decades ago not to work. Why people still fall for that trick is beyond me.
Some people latch onto simple slogans because it's SO much easier than thinking and observing.
Quote:
The way to stimulate an economy is trickle up. The common people will spend it when they can get it (and save a smaller percentage), and the economic engine feeds off of that. Supply-side economics is just voodoo. The wealthy hoarders just sock it away or otherwise spend on elite items which do not generate many jobs. Things like DeVos's yachts.
Andrew Yang's, "$1000/month" scheme makes more sense than the GOP's trickle-down nonsense.
It was proven conclusively decades ago not to work. Why people still fall for that trick is beyond me.
The way to stimulate an economy is trickle up. The common people will spend it when they can get it (and save a smaller percentage), and the economic engine feeds off of that. Supply-side economics is just voodoo. The wealthy hoarders just sock it away or otherwise spend on elite items which do not generate many jobs. Things like DeVos's yachts.
Darn republicans! One day maybe you'll figure out that the D's & R's are a lot more similar than you think.
LMAO, dude from the "Economic Collapse Blog" writing about economic doooooooooom!
Well gosh golly, I suspected a fair and balanced perspective from them.
After all, they were the same bozos predicting gold up around $5,000/ounce, oil at $500+ per barrel and so on and so forth.
DOOOOOOOOOOMMMMMMM!
Those hacks are nothing but click seeking internet trolls.
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One day maybe you'll figure out that the D's & R's are a lot more similar than you think.
