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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (684996)11/16/2012 1:58:38 AM
From: Tenchusatsu4 Recommendations  Read Replies (1) of 1577024
 
CJ,
Demand creates jobs.
What creates demand? Higher taxes? More government spending?

Investment is the process in which innovations are made, productivity is increased, costs come down. Demand will follow the innovators and the low cost producers.

When demand is fueled by speculative bubbles, it cannot last. That's what happened with the real estate bubble and the resulting financial crisis. That's what is going to happen with all of the governments of the free world "easing" their monetary policies in order to pump demand.

Mix in the usual class warfare and the desire to bridge rich and poor via regulation, and you end up with government that does much more harm than good.

Like I said, it cannot last.

Tenchusatsu
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