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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: yard_man who wrote (276967)9/18/2010 8:59:05 PM
From: neolibRead Replies (1) of 306849
 

Is this the gist of what you are saying??

Not at all. What I was saying is what I said: Our economy has the production capacity to make more than what we can afford to buy. Which is why we have slack in both employment and factory capacity. I didn't say anything about whether it is possible or not to tinker with our economy in a manner which could magically get demand to exceed capacity.

It was your statement that implied we should invest in production capacity which I was pointed out to be incorrect. You objected to payments made to non-productive people instead of investing in productive capacity, and I simply pointed out we have excess productive capacity, so investing in more is not wise.
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