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Lefty Thinker

(96 posts)

1. Supply-side is demonstrably false...

Reply to Bill USA (Original post)

Sat Aug 11, 2012, 12:31 AM

Aug 2012

even more so than other neo-liberal (I'm looking at you, Keynes) theories. Supply-side refuses to accept that there could ever be a demand shortage, which leads to the laughable conclusion that people are only ever unemployed by choice -- that they value leisure more than the money they could earn working. With the amount of effort I've seen unemployed people putting in to find a job, I'd say supply-side is proven false by contradiction.

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Highlight:

The Spectacular Failure that is Supply-Side Economics - Center for American Progress [View all] Bill USA Aug 2012 OP

Supply-side is demonstrably false... Lefty Thinker Aug 2012 #1

Keynes actually has held up fairly well unc70 Aug 2012 #2

Yes, Keynes is better than those Lefty Thinker Aug 2012 #3

Keynes' theories are not neo-liberal. eomer Aug 2012 #4