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.
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.
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? :)
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.
ReplyDeleteTotally agree.
ReplyDeleteAnd 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.
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? :)
ReplyDeleteHigh productivity causes high unemployment. In some companies, productivity growth could be sustained at double digit for many years.
ReplyDelete