Friday, October 14, 2011

Lack of demand is cause of unemployment

The Republican politicians blame Government regulations for hampering the creation of jobs. Business owners disagree. It is the lack of consumer demand. Read this report. 
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4 comments:

Tan Kin Lian said...

I have listened to many Republican politicians over CNBC and Bloomberg TV. They repeat the same statements, which are often based on rhetoric and not on the real situation. Their statements appear to be drafted by the lobbyists.

October 14, 2011 6:13 PM
Anonymous said...

Totally agree.

And how can there be consumer demand if consumers are being retrenched from their jobs?

No jobs = no money = no demand

One hundred poor families will have a demand for 100 loaves of bread daily.

One rich family can only demand & eat one loaf of bread daily.

Help the poor to create more demand and employment.

Helping the rich does not create more demand and more employment.

October 14, 2011 6:49 PM
Anonymous said...

Republicans are fervent supporters of 'Trickle-down Economics' which is proven to be a fraud. Guess who else is also a die-hard believer of this economic nonsense? :)

October 15, 2011 12:01 AM
Anonymous said...

High productivity causes high unemployment. In some companies, productivity growth could be sustained at double digit for many years.

October 16, 2011 10:16 AM

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