Friday, June 8, 2012

I heard them say something about raising the minimum wage--

Anyway, I made the SQUEEE sound when I saw this at ThinkProgress, even if I was at work and made the noise under my breath.

This actually is pretty much what I was on about, here.  But also, it's what I think everyone who sort of kind of understands the economy would be about--see here about aggregate demand and the inconvenient truth about our economy.  In short--if people have no jobs and no money, they can't afford shit and local businesses dry up. If they could afford shit, whole shit stores would arise to accommodate them.


2 comments:

Big Bad Bald Bastard said...

I can't believe that anyone lauding trickle-down economics isn't laughed out of town these days.

Vixen Strangely said...

And yet they aren't--it seems like the conversation moves from "basic economic concepts like supply and demand" to "clap if you believe in job-fairies!"

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