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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (92752)9/5/2018 2:36:54 PM
From: combjelly1 Recommendation

Recommended By
J_F_Shepard

  Respond to of 365776
 
The fact that you missed the meaning of your own analogy is pretty disturbing. Production is not the same as productivity, for example. Innovation, while helpful, is not the totality of an economy, either. And demand precedes production, otherwise there is no point of production.

All of your basic assumptions are wrong. There is no way to get a correct conclusion if you start with nonsense.



To: i-node who wrote (92752)9/5/2018 2:41:44 PM
From: Steve Lokness  Respond to of 365776
 
<<<<ou do not improve productivity by giving people money. That is the point, and it isn't complicated.>>>>

Of course you do!! Which is the whole argument supporting the Trump tax decrease. That is giving people money you know increases demand. Maybe you don't get that simple concept.

So the more spending money people have the more the incentive to produce (and of course innovate!) because (duh!) the larger your market. You just refuse to answer my questions about housing. I guess because that so blatantly contradicts your bizarrely crazy ideas that are so far outside of mainstream economic thinking as to be nonsensical.



To: i-node who wrote (92752)9/5/2018 3:06:59 PM
From: Steve Lokness  Respond to of 365776
 
Here is a mental challenge for you;

Why did Japan struggle for so many years to grow their GDP at targeted goals?

1) They lacked productivity incentive and just didn't ever innovate..........or......

2) Their population grew older at the same time its population was shrinking and their bubble imploded. Older and fewer people buy less.

That is not such a hard concept to grasp but in your defense even Krugman didn't figure it out for years and years. Krugman just thought that if you incentivized that they would produce more and the economy would grow. I find it extremely weird that you and Krugmans thinking is the same here. ..........Well as we know Japan incentivized and incentivized and incentivized their corporate interest to the point that their debt levels are worse than ours. When their bubble collapsed in early 90's that was followed by the lost decade and then the lost 2 decades and well, you get the idea. What caused their bubble to collapse? How old was Obama in 1990? I don't think it he was the cause. .........So your argument to blame slow growth on Obama is so totally bullshit as to be laughable. You are just like Trump - where you say something outrageous and have such arrogance as to think it is true.

As a percent of GDP, Japan's debt level is worst in the world and is more twice of what ours is.

en.wikipedia.org



To: i-node who wrote (92752)9/5/2018 3:10:14 PM
From: bentway  Read Replies (1) | Respond to of 365776
 
They built it, no one came: