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


To: i-node who wrote (149180)1/6/2020 10:26:30 PM
From: combjelly  Read Replies (1) | Respond to of 356410
 
Nonsense. At a very basic level, you are ignoring population growth. So even if each individual's consumption is steady, a dubious proposition itself, population would cause the economy to grow.

Which isn't the only bullshit in your "theory". Certainly innovation is important. Likewise, investment. The two are not necessarily linked, though. And they are not the only engines of economic growth. It is very possible for economies to grow simply by people starting new businesses. It isn't zero sum, you know.

You only touch a fraction of what an economy is. It calls into question your claims of studying the subject at any level. It is more on the level of the game of Monopoly.