If You Believe Obama Is Actually Fixing Our Broken Economy,

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Then you must also believe the lie that "Trickle Down" actually creates Middle Class jobs!

proud.liberal's picture
Jul. 31, 2007 4:01 pm


Current favored economic theory says trickle down creates jobs. We're in the biggest trickle policies in history. Banksters and financiers are loaded. They'll get around to job creation just as soon as they accumulate enough money with derivative plays and bond shorting.

Job creation is stimulated by demand for additional products/services . There isn't any demand.

Dismantling of U.S. economic infrastructure and the jobs that go with it is on-going. Even Hershey recently announced a shipping of some facilities to Mexico recently. That further reduces consumer demand. Business has no reason to expand production/services. They do that with increasing demand, not falling demand.

That will be solved as soon as Americans learn to make their money on Wall St. rather than unemployment insurance. Consumer demand will rise accordingly. The U.S. has opted for a financial economy rather than a productive one.

Retired Monk - "Ideology is a disease"

Jul. 31, 2007 4:01 pm

Income Inequality Has Gone Up

The chairman of the White House Council of Economic Advisers, Jason Furman, recently wrote in the Washington Post that "Last year saw the largest single-year reduction in poverty since the 1960s."

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