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[quote=calibro1;19575834]2) We know that deregulation doesn't lead to more jobs or increased consumer demands. We have the New Zealand experiment in the 1980s (deregulation of markets led to a massive spike in unemployment and and increased disparities between rich and poor). We also have seen what deregulation has done in the financial sector. /quote]
What has de-regulation done in the financial sector? I've seen what happens when the government encourages banks to lend to people who shouldn't own a home, and the subsequent decision of banks to recklessly securitize the mortgages due to the fact that they know the government will take the losses (both of these decisions banks would never make, without government intervention), BUT I've never seen what deregulation has done.
Consumer demand will increase when consumers have more money, or feel more "wealthy".
1. tax cuts for citizens
2. tax cuts for corporations and reduced regulations such that corporations have more money and incentives to hire.
3. cutting the deficits- the spectre of the debt is weighing on consumer confidence, as the possibility of further currency devaluation or inflations looms
This puzzles me.
How do you plan on:
a. cutting taxes for citizens and corporations
b. cutting deficits
c. increasing demand
..all at the same time? without identifying a few trillion dollars in spending cuts that "magically" won't affect demand, this combination of ideas is a total fantasy.
Jobs!!!! Nothing can do it better than that. Of course, the reason we won't see any of those in Obama's reign is that he won't allow small businesses any time to relax and expand which would create those jobs.
I just couldn't find any choices in your poll that came close other than deregulation and that won't be happening for at least a couple more years.
I would spend a lot more money if i was not so scared of losing my job
its constant fear anymore -
who is the real terrorist-
wall street?
listening to all the political pinheads talking about phantom jobs
stop shipping jobs over seas , bring them back home to the usa
bottom line if i have money from a steady job that i feel SECURE i will not lose i would spend
in addition curtail the property taxes in each state as that takes up a huge hole in my mo. budget
If I had to pick from your poll choices, put me down for deregulation. You should always include "none of the above" or "other" with your poll choices if you want an honest response.
Yeah - to an extent
regulation is okay to protect us but come on enough already
The only thing that would increase this consumer's demand right now is winning the lottery.
Cutting miilitary spending and corporate subsidy along with heavily taxing the rich would do the same for the rest of us.
Actually none of the things you listed would increase demand. I am in favor of them all, but you have to add a component to the suggestion...what do you do with the money. If you pay off the debt, it does nothing to stimulate the economy. You pay off the debt when times are good, you don't pay off the debt when times are bad. The money must find its way to the real consumers who will actually spend it, which would increase demand.
I know this forum is full of right wingers so I'd like to know what your solution is to increase consumer demand.
Why on earth do you want to increase consumer demand? Spending too much without producing anything is how we got ourselves into this mess. Spending is NOT the problem. Lack of PRODUCTION is the problem. We need to bring manufacturing back to this country and jobs.
Don't believe the Keynsians who say spending is the problem. Spending without commensurate production is what got this country into so much DEBT!
Is running a business a prerequisite for expressing an economic opinion? The poster is right, consumption isn't the problem. If anything it was overconsumption (of housing, on credit cards) that caused this issue. There is never going to be a lack on consumption in this country.
Is running a business a prerequisite for expressing an economic opinion? The poster is right, consumption isn't the problem. If anything it was overconsumption (of housing, on credit cards) that caused this issue. There is never going to be a lack on consumption in this country.
No, but you surely can't run a business with that mindset. Please let me know if you disagree. It seems that to you, a restaurant would do better if it overproduced knowing that to be the right, fiscally conservative, idea to profitability? After all, excessive demand would be a disaster!
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I've seen what happens when the government encourages banks to lend to people who shouldn't own a home, and the subsequent decision of banks to recklessly securitize the mortgages due to the fact that they know the government will take the losses (both of these decisions banks would never make, without government intervention), BUT I've never seen what deregulation has done.
