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How to make an economy grow or not grow: [W:14]

James972

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The economy grew from the stone age to here because Republican supply-siders invented or supplied new stuff. In short, supply created demand. After an invention is supplied, demand occurs naturally. When someone finally invented the plow, for example, and thus supplied food more cheaply, huge new demand was created and the economy grew.

So, if we want the economy to grow today we need to praise business and teach our children to heroically be in business, cut or eliminate business taxes, and subsidize most business activity!
 
The economy grew from the stone age to here because Republican supply-siders invented or supplied new stuff. In short, supply created demand. After an invention is supplied, demand occurs naturally. When someone finally invented the plow, for example, and thus supplied food more cheaply, huge new demand was created and the economy grew.

So, if we want the economy to grow today we need to praise business and teach our children to heroically be in business, cut or eliminate business taxes, and subsidize most business activity!

This is just so pathetically stupid. All of human history completely disproves your first sentence.
 
Innovation does not fuel demand. Demand fuels innovation.

Man did not invent the wheel just because he was tinkering around. He needed a better way to move large heavy objects, and looked into ways of doing it, and stumbled upon the wheel. Your entire premise is denies the old saw "Necessity is the mother of invention."
 
"Necessity is the mother of invention."

all agree. After 10,000 years a Republican genius finally came along who supplied the plow knowing there would be a huge demand for it, i.e, that it would quickly become a necessity. And????????
 
My Poe sense is tingling.
 
all agree. After 10,000 years a Republican genius finally came along who supplied the plow knowing there would be a huge demand for it, i.e, that it would quickly become a necessity. And????????

Provide proof or evidence of your claim.
 
My Poe sense is tingling.

"They see me trollin, then haten...patrolen, tryen t'catch typen dirty...tryen t'catch me typen dirty....my threads are cleared out, moderator blocked..."



To the music of "Riden Dirty".
 
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The chasm between the stone age and current day civilization is bridged almost entirely without republicans.

not speaking literally of course but referring to those in history who believed in encouraging invention or supply as opposed to liberals who wanted to encourage demand with welfare entitlements and govt spending. Make sense?
 
Moderator's Warning:
This may be very, very difficult, but please try to stick to the topic and leave the personal insults out of the conversation.
 
The economy grew from the stone age to here because Republican supply-siders invented or supplied new stuff. In short, supply created demand. After an invention is supplied, demand occurs naturally. When someone finally invented the plow, for example, and thus supplied food more cheaply, huge new demand was created and the economy grew.

So, if we want the economy to grow today we need to praise business and teach our children to heroically be in business, cut or eliminate business taxes, and subsidize most business activity!

While your main premise expressed in the first paragraph is sound - the innovative "supply" follows mostly "demand" that exists only in the brains of innovators, the second paragraph quickly deteriorates into a strange justification of crony capitalism. Not all businessmen are innovative or even productive: arguably, donald-trumps vastly outnumber thomas-edisons. And the idea to "subsidize business activity" means that the wise, wonderful government has the ability and the right to pick winners (unlike the innovators, who have to deal with the trial-and-error-dominated real world). Now, if the government is so wise and wonderful, why do we need all those businessmen in the first place? Not to mention Republicans...
 
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not speaking literally of course but referring to those in history who believed in encouraging invention or supply as opposed to liberals who wanted to encourage demand with welfare entitlements and govt spending. Make sense?

If someone invented something that wasn't already in demand, it would not have been successful.

Look at the light bulb. Would you buy a lightbulb if you didn't have electricity ?
 
, donald-trumps vastly outnumber thomas-edisons..

Edision of course was huge compared to Trump but nevertheless real estate is very very competitive. Trump supplies buildings that people demand or want to live in more than others so he raises their standard of living while others don't and go bankrupt!
 
that the wise, wonderful government has the ability and the right to pick winners.

well in this sense a winner is anyone who survives in business so the way to start would be to eliminate the business tax completely.
 
Now, if the government is so wise and wonderful, why do we need all those businessmen in the first place? Not to mention Republicans...

voting to eliminate the business tax does not make them wise and wonderful just slightly above average in IQ.
 
Would you buy a lightbulb if you didn't have electricity ?

no of course not unless I anticipated getting electricity. But what is your point?
 
Innovation does not fuel demand. Demand fuels innovation.

Man did not invent the wheel just because he was tinkering around. He needed a better way to move large heavy objects, and looked into ways of doing it, and stumbled upon the wheel. Your entire premise is denies the old saw "Necessity is the mother of invention."

That assumes that Henry Ford wasn't around then.
 
if not how can they survive in business against competition??

They don't - most businesses do fail. Unless there are government subsidies/privileges keeping them afloat at the taxpayer's expense (how many different industries (not just individual well-connected businessmen) have we bailed-out in the last couple of decades?

Or look at the same Donald Trump: As a businessman, he is a sad joke. But he knows perfectly well how to work the system that values vulgar celebrity over any true achievement. And he had succeeded not only with saddling a number of cities with tackiest "architecture" ever, but is about to make an irreparable damage to our country, starting with the GOP.
 
Innovation does not fuel demand. Demand fuels innovation.

as I said demand is passive and natural and does not need to be encouraged. Man is always and naturally hungry, for example. It was only after 1000's of years that a Republican genius supply sider came along to supply or invent the plow, to make food easily available, that the economy began to grow. Now do you understand?
 
Edision of course was huge compared to Trump but nevertheless real estate is very very competitive. Trump supplies buildings that people demand or want to live in more than others so he raises their standard of living while others don't and go bankrupt!

Trump's enterprises went bankrupt repeatedly. In simple terms, he took money of his investors, put a good deal of it into his own pockets, and wasted the rest.
 
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