No inflation??? HAHAHA Tons of it in the stock market

[Dugdale_Jukes]

Given advances in robotics increasing the manufacturing base will have negligible effects on employment.

Thank you for proving the failure of US public education.

For every heavy industrial factory job there are a minimum of ten jobs supporting it; upstream heavy industry like automobiles have about fifty jobs supporting every finished product factory job.

 

[Dugdale_Jukes]

Your education is in red, Ed.

You're getting there, Eduoard. You're getting there.

Only three point five wrong on that list.

Not bad for your team.

can you say why they are wrong or must you admit as a liberal you lack the IQ to do so?

Anything for you, Eddie.

Simple and Republican:

1) make unions illegal again since they drove around 30 million jobs offshore

A. Fewer than ten percent of private sector workers are unionized.
B. Tax policy, open borders and regulation drove the jobs out, not unions

2) make corporate taxes lowest in world rather than highest so there is incentive to do business here rather than off shore

This was the one you got half-right- the part most children get right. US statutory tax rates are high but many adults realize statutory rates are not relevant to actual taxes paid. The the effective US rate is four percent higher than the rest of the OECD.
http://www.fas.org/sgp/crs/misc/R41743.pdf

3) make deficits illegal so Chinese and Japanese and will buy our products rather than our deficits

Not to put too fine a point on it, Ed, but Asian parasites are not buying our deficits. Asian parasites are buying our DEBT. Not the same thing, d'ye see that, d'ye? Further, Asian parasites are buying what they want. What is it about the free market the nutball mind cannot quite grasp?

Reagan's voodoo economic policies, presumably based on astrological forecasts, set the "supply side" standard for borrowing, tripling the national debt as he did pumping up GNP with borrowed money. The books are still crooked, Ed, and supply side voodoo hit the wall for good in 2008. It is amusing you nutballs criticize poor people for borrowing more than they can afford to buy homes but praise Reagan and Wall Street for doing the same thing to the United States taxpayer. Why do you nutballs do that, Edmund?

4) learn what supply side economics is!!

To understand "supply side" one must understand a simple concept: not everything is as described. Previously we discussed this puzzler:

How many legs does a cow have if you call the tail a leg?
​

Reagan, Friedman, et al answered "five". Reality informs us that calling a tail a leg doesn't make it a leg. The cow still has four legs.

We have covered this ground before, Ed; but your education remains important to me, as one feels that if one could reach you then a million points of light might be possible in a new dawn for Murka. As before let us skip the "new economy" fantasies ReagaNUTs fed to white trash through religous charlatans and chickenhawk warriors, and cut to the facts.

Based on actual results in evidence Jan 20 1988, "supply side economics" means tripling the national debt and pumping those borrowed monies into the economy (Keynesian corporate welfare by any standard) through tax incentives and actual cash handouts to corporations whose executives and wall street fee takers kept most of the corporate welfare based on blue collar wages being flat from 1981 through 1988 and that most of the jobs created in the decade did NOT replace well paying industrial jobs lost.

Was there something else you wanted to know?

[/quote]

 

[EdwardBaiamonte]

, "supply side economics" means tripling the national debt

actually it means economic growth and prosperity through encouraging the "supply" of the kind of goods and services that got us from the stone age to here.

Demand side economics is printing money so people can demand or purchase existing goods and services. This merely encourages consumption or churning, not new economic investment and growth.

Simply enough now??