On the Question of Demand

Many economists have been arguing that demand is a major contributor to our woes in the economy. I doubt that anxiety over the deficit or the myth of excessive government spending as so-called conservatives would have people believe has much to do with it.

The fallacies over the debt ceiling mount.

1 thought on “On the Question of Demand

  1. Jeremy Jones

    I agree. I’d posit that lack of consumer confidence is much more related to unemployment, unstable workplaces, and erratic gasoline prices.

    But I think the politicians know that, but do nothing about it because: 1) they don’t have any solutions, and; 2) they’d rather use all that to their advantage in attempts to get reelected, because most of them don’t have the chops to get a real job.

    Perhaps cynical, but oh well.

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