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> It just makes sense to me that the economy is stimulated by demand instead of supply. Maybe my experience is atypical, but I've seen, over and over, hiring d
by shantly 7y ago
> It just makes sense to me that the economy is stimulated by demand instead of supply.
Maybe my experience is atypical, but I've seen, over and over, hiring driven by either 1) we have more demand than we expected, or 2) we have good reason to expect more demand and should hire now to support that.
I've never seen "we have money, but no extra demand and no reason to expect any, so we better hire". "We got a tax cut but have nothing for extra workers to do—better hire anyway" said no business owner ever.
Which is to say I have no friggin' idea what supply-side is going on about. Yeah there's probably some hypothetical situation in which growth can be supply-constrained, but in the presence of demand that problem will fix itself pretty quickly, guaranteed. The opposite clearly isn't true at all.