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The real problem is that the republicans are zealots of the church of voodoo economics. The reality is that demand-side economics has stronger and more intelli
by veyron 15y ago
The real problem is that the republicans are zealots of the church of voodoo economics.
The reality is that demand-side economics has stronger and more intelligent underpinnings (give money to individuals --> they spend --> increase demand --> hiring). Giving more cash to companies doesn't induce hiring; demand for products induces hiring.
- bubbleRefuge 15y agoYou are absolutely correct here. When people have more money they tend to spend more and sales at corporations increase and thus the invest and hire more employees to meet the increased demand. How do we get more money in hand? Full payroll tax holiday + New deal 2.0.
- Cushman 15y agoWe couldn't even pass New Deal 0.3b today, man. Can dream, though...