Consumers create businesses: businesses to NOT create consumers

[eridani]

[Petrushka]

1. That was my thought when I listened to Ryan's speech!

Great minds . . . etc.?

[BadgerKid]

2. Unless you don't want a middle class.

If people don't have adequate money to buy stuff, only essential companies will exist (think: commodities, natural resources, and utilities) -- at which point the prices charged to consumers will be jacked up sky high.

[ProdigalJunkMail]

3. tell that to Apple...

they have not only created consumers...they have created a religion that demands its adherents to have the latest iteration of anything they produce...

sP

[eridani]

4. So you just don't get the difference between demand for a particular product--

--and AGGREGATE demand? If the total amound of disposable income stays constant or declines, Apple doesn't create any extra consumption at all. People merely cut back on other non-necessities to buy their products, thus destroying the customer base of those other companies.

[ProdigalJunkMail]

5. right...Apple doesn't create money or people...

i get that... you suggest apple is just taking a bigger slice of the pie... i can see that.

sP