Oddball
Unobtanium Member
Supply side economics works when you need to unburden the suppliers. This was necessary in the 70s, after 40 years of regulatory overreach. However, we are not suffering today because suppliers are in trouble. In fact, because of all the consolidation, subsidies, bailouts, and tax cuts over the past 30 years, corporations have never been wealthier. The problem is demand. (For this you need a different tool box)
(Silly rabbits. Banks and corporations are sitting on trillions -therefore: tax cuts are not going to cause them to add jobs. They are not going to add jobs until there is sufficient demand. They can't add jobs until the middle class is solvent enough to spend. The middle class will not spend if you impose austerity programs on them in order to give the already-wealthy trillions more)
Demand Demand Demand
balablablabla...
Demand side (read: Keynesian) economics has been tried for at least the last century and has shown itself to be a towering failure....The supply side flip of the coin has borne no better fruit.
Time to face up to the fact that all the technocratic and bureaucratic central planners in the District of Criminals haven't the vaguest idea of what they're doing, other than "investing" for political returns to keep them in office, while the real producers pick up the tab.