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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (871170)	7/8/2015 1:10:34 AM
From: i-node	Respond to of 1578183

Unfortunately, the most apparent principles of economics cannot be conveyed to some. I think it stems from a fundamental misunderstanding: The belief that economic growth is driven by demand. It isn't, it never has been, and never will be. Steve Jobs proved it multiple times. If you want real, serious growth, you have to have innovation and the resultant supply of goods and services that will cause consumers to demand those items. It is the only way it can work. Yet, there is still this overwhelming sense in some quarters that you "prime" the system by taking money from consumers and giving it back to them (tax/spend). Until these people come to understand these concepts and reach an agreement on it, none of the rest of it will get any better. When you come to understand what creates demand is economic growth, spawned by investment, the problem becomes easy. We could end our economic doldrums tomorrow by allowing tax-free repatriation, even on a one-time basis. But that lacks the required element of punishment of corporations.