It's demand that drives the economy and other things Liberals get consistently wrong

[EdwardBaiamonte]

Well, there's nothing wrong with higher taxation on people who have a higher propensity to save.

100% moronic. In Econ 101 we teach that S=I (saving equals investment)

 

[EdwardBaiamonte]

. The best stimulus involves tax cuts for the lower quintiles/middle class,.

100% moronic. The economy grew from the stone age to here thanks to new inventions. Lower quintiles don't invent so expecting them to grow or stimulate the economy is insane and perfectly liberal.

 

[EdwardBaiamonte]

Demand does lead to supply, but only when the real resources exist.

what utter gibberish. Do you have any idea at all what you were trying to say??.

 

[sealybobo]

How many times have we heard the Progressive economic idea that demand drives the economy, so the best stimulus is to rob from the rich, redistribute some of that money (the government has to wet its beak) and viola! Demands get satisfied, economy grows, workers Paradise dead ahead!

But look at every economy running on this great Progressive idea: In Venezuela, they must have met all the demands for groceries, canned goods, toilet paper and all household items because there are none to be found; in Cuba, they must have meet all the demand for healthcare because their hospitals rewash surgical gloves; in Flint, they cannot even get potable drinking water, so the demand for drinking water must have been met. Progressives meet consumer demand with a one-fingered salute.

Does the USA have the world's #1 (or 2) economy) because we demand more than the rest? Can Progressives show me an economy that does not have demand? Is there a group of people on the planet that says, "Drinking water, TP, cars, yeah fuck it, don't need or want it"

Small business do well when everyone has money. When the local economy doesn't have spenders spending money they suffer. Great example was when gas was $4 a gallon. People stopped getting their nails did every week or buy that new smartphone.

But it was a good time for the oil industry

 

[Dovahkiin]

Well, there's nothing wrong with higher taxation on people who have a higher propensity to save.

100% moronic. In Econ 101 we teach that S=I (saving equals investment)

Except a lot of investment isn't done from savings..

 

[EdwardBaiamonte]

[
Small business do well when everyone has money.

yes and so the liberal soution is to give everyone more crippling welfare money!! Its all so easy when you have the brain of a tiny child.

 

[EdwardBaiamonte]

Well, there's nothing wrong with higher taxation on people who have a higher propensity to save.

100% moronic. In Econ 101 we teach that S=I (saving equals investment)

Except a lot of investment isn't done from savings..

if so why so afraid to say from where its done??
What does your fear teach you?

 

[Dovahkiin]

Well, there's nothing wrong with higher taxation on people who have a higher propensity to save.

100% moronic. In Econ 101 we teach that S=I (saving equals investment)

Except a lot of investment isn't done from savings..

if so why so afraid to say from where its done??
What does your fear teach you?

Bank credit.

 

[EdwardBaiamonte]

Well, there's nothing wrong with higher taxation on people who have a higher propensity to save.

100% moronic. In Econ 101 we teach that S=I (saving equals investment)

Except a lot of investment isn't done from savings..

if so why so afraid to say from where its done??
What does your fear teach you?

Bank credit.

Banks grant credit from savings. Ever think of Econ 101??

 

[Dovahkiin]

Well, there's nothing wrong with higher taxation on people who have a higher propensity to save.

100% moronic. In Econ 101 we teach that S=I (saving equals investment)

Except a lot of investment isn't done from savings..

if so why so afraid to say from where its done??
What does your fear teach you?

Bank credit.

Banks grant credit from savings. Ever think of Econ 101??

Lmao, no they don't.
Econ 101 is mostly bullshit anyways. The real world is a different place.
The Basics of Banking | Pragmatic Capitalism

 

[sealybobo]

[
Small business do well when everyone has money.

yes and so the liberal soution is to give everyone more crippling welfare money!! Its all so easy when you have the brain of a tiny child.

The rich and GOP socially engineered it so instead of 75% 25% now the have 90% and us 10%. You're God damn right were gonna fix that. Even trump says he'll raise taxes on your masters. They better save that super PAC money they're gonna need it

 

[EdwardBaiamonte]

Lmao, no they don't.

they don't???? then why is the illiterate liberal so afraid to say where banks get the money? What do you learn from your fear??

 

[Dovahkiin]

Lmao, no they don't.

they don't???? then why is the illiterate liberal so afraid to say where banks get the money? What do you learn from your fear??

We're specifically talking about banks in relation to investment by businesses, are we not? Read what I sent you, or to put it simply, banks create a deposit for the user. Banks have assets (Reserves/promissory notes/physical property) and liabilities (Deposits)

 

[EdwardBaiamonte]

The rich and GOP socially engineered it so instead of 75% 25% now the have 90% and us 10%.

can the illiterate provide the best example of this social engineering, and then tell us why more crippling welfare will help??

 

[EdwardBaiamonte]

Banks have assets

what an utter fool. Why do you think BoA Citibank Chase have 1000's of branches all over the place???

 

[Dovahkiin]

Banks have assets

what an utter fool. Why do you think BoA Citibank Chase have 1000's of branches all over the place???

Are you saying banks don't have assets?

 

[EdwardBaiamonte]

Banks have assets

what an utter fool. Why do you think BoA Citibank Chase have 1000's of branches all over the place???

Are you saying banks don't have assets?

OMG???? of course they have assets to equal liabilities and the liabilities come mostly from deposits! Econ 101 S=I

 

[sealybobo]

The rich and GOP socially engineered it so instead of 75% 25% now the have 90% and us 10%.

can the illiterate provide the best example of this social engineering, and then tell us why more crippling welfare will help??

It's not welfare. Or is it???

Instead of Walmart making $4 billion the make $3. Their employees make more so they don't qualify for food stamps.

We all win

 

[EdwardBaiamonte]

The rich and GOP socially engineered it so instead of 75% 25% now the have 90% and us 10%.

can the illiterate provide the best example of this social engineering, and then tell us why more crippling welfare will help??

It's not welfare. Or is it???

Instead of Walmart making $4 billion the make $3. Their employees make more so they don't qualify for food stamps.

We all win

too bad WalMart is old fashioned bricks and morter store and is being driven out by Amazon so cant afford one penny let alone $1billion. Think before you post. You're plan would create 2 million new unemployed people. Congratulations liberal!!

 

[sealybobo]

The rich and GOP socially engineered it so instead of 75% 25% now the have 90% and us 10%.

can the illiterate provide the best example of this social engineering, and then tell us why more crippling welfare will help??

It's not welfare. Or is it???

Instead of Walmart making $4 billion the make $3. Their employees make more so they don't qualify for food stamps.

We all win

too bad WalMart is old fashioned bricks and morter store and is being driven out by Amazon so cant afford one penny let alone $1billion. Think before you post. You're plan would create 2 million new unemployed people. Congratulations liberal!!

It'll be OK when trump sends 10 million illegals home. We're gonna make America great again remember?