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
proud.liberal
Joined:
Jul. 31, 2007 4:01 pm

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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"

polycarp2
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A Rising Tide Only Lifts All Boats When Everyone Has a Boat.

President John F. Kennedy once said about economic development that “a rising tide lifts all boats.” Kennedy was, of course, right, but he missed something really, really important: A rising tide lifts only lifts all boats when everyone has a boat.

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