The question on the table seems to be HOW do we incent purchasing such that we create growth?
It has been suggested in this thread that business aren't building more factories and investing because they're afraid of Obama. We then debated if this lack of spending was more due to fear of building those factories overseas and investing in foreign countries. And that thought brings me to a simple question: as a business, if I had to pick, would I rather have cheap costs or huge demand? Personally I'd pick huge demand since you can always wait out for new technologies to lower costs. But if I didn't have that demand I sure wouldn't build a new factory; I might invest to lower ops costs but then I'd sit tight. And even if the government cut my taxes that wouldn't change my demand picture so I'd still sit tight. And that seems to be where our economy is. So I'm back to Keynes; if business isn't spending and consumers aren't spending the only way to kick the economy in the arse is government spending. But then what about the debt? I dunno but I can't get around the logic of that conclusion. Sent from my iPad On Jul 23, 2011, at 1:32 PM, Sam <sammyc...@gmail.com> wrote: > > So to hell with the 8% in your area and 22% in other areas because YOU > have work? It wasn't so long ago you were out of work. > > Until unemployment drops to 5% nationwide I am going to complain for > my fellow Americans. And you should too. It's not fear mongering it's > real concern. > > . > > On Sat, Jul 23, 2011 at 1:36 PM, Maureen <mamamaur...@gmail.com> wrote: >> >> I choose to see 92% employment as a good thing, and not live in a >> state of fear. If you prefer to live in a fear and pretend it's >> because you are all concerned about the unemployed, go for it. > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:340870 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
