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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (140981)8/15/2012 7:34:56 PM
From: TimF1 Recommendation  Read Replies (1) of 224749
 
What is "enough consumption"? People always want to consume more if they can afford it. The problem now is that individuals, corporations, and governments have gone in to too much debt, that some investment that occurred was investment, not really as useful as it was thought and in some cases not useful at all, that governments spend and regulate too much and plan to spend and regulate more, that "not enough" is being produced to represent the types of gains in production and income that we are used to, and that people aren't very confident in the economy right now. That last and some other factors, could be considered to be, result in, or reflect "not enough demand" in certain ways, but simply saying "demand is low, more demand would be good", doesn't adequately represent economic reality, still less when you add "it would be beneficial for government to drive the demand by buying more".
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