Free Republic
Browse · Search
Topics · Post Article

Skip to comments.

The Problem With Supply Side Economics
Forbes ^ | 02/10/2011 | Bill Flax

Posted on 06/12/2011 6:20:17 PM PDT by billflax

Supply side economics invokes the most basic element of human nature: self-interest. We all seek to improve our material circumstances. The tinier the tax man’s bite, the greater is our incentive to produce. As tax burdens lighten, motivation heightens, sparking a robust economy. Allowing producers to enjoy their hard earned gains is both just and effective.

Contrasted with demand side economics it’s a no-brainer. It is neither just nor effective to funnel public money to political favorites hoping they will spend lavishly and thus stimulate production. Paying people not to produce inspires little effort. Depriving producers of needed capital so it can instead be transferred according to political whim ridicules the very pretense of stimulus.

Even calling political waste “investments” merely makes the semantics more palatable to gullible voters. Rather than paying people to consume others’ wealth hoping this will rejuvenate production, it obviously works far better to let producers enjoy their gains. We will always direct our own resources better than will politicians or their bureaucratic henchman. It’s not rocket science. Tax cuts incent production; profligate spending enables sloth and encourages corruption.

(Excerpt) Read more at ...

TOPICS: Business/Economy; History; Society; The Guild
KEYWORDS: amfyoyo; besidesthezot; federalspending; ibtz; obama; ronaldreagan; supplyside; taxes; teaparty; youmustbenewhere; zeronomics; zot; zotsylvania
Navigation: use the links below to view more comments.
first previous 1-2021-30 last
To: Hoodat

‘The only fair way to do that is to implement a flat tax.’

Personaly, I would like to see a “Fair Tax” on all goods and services paid by the end user of goods and services with no exception. Why? Because every time I would buy an item the rate of tax would be staring me in the face. The difference is point of “view”. People get use to seeing the “bottom line” on a pay check. But when you go to buy an item(which could be several times a day)and the tax goes up 1% you would notice and get ticked off enough to end some elite politician’s dream of redistribution of money.

21 posted on 06/12/2011 9:47:22 PM PDT by steveab (When was the last time someone tried to sell you a CO2 induced climate control system for your home?)
[ Post Reply | Private Reply | To 17 | View Replies]

To: BreezyDog

The website has adware/trackers/beacons which, besides making money for the blogger, also track you once you leave the website.

Some of them [most notably Google Friend] even “harvest” any private email addresses you may have on your machine that are linked to GMail accounts.

The others just snoop on you and keep track what your ‘surfing habits’ are.

[maybe some folks like being ‘watched’ by tracking companies but I don’t]

The cookies are deposited on your machine and can be ‘activated’ when you go to another site that has compatible trackers.

All in all, it’s not a happy thing.

The majority of ‘make money on the internet!’ bloggers couldn’t care less how badly your security is compromised.

They get paid for clicks, not clear consciences.

If you’re running Firefox, get the ABINE and Ghostery plug-ins and you can kill all the cookies and adware/tracker/beacons sites and set it so they can *never* access your computer again.

That’s why I get to be the canary in the coal mine.

I can go look at what’s lurking there and not be harmed by [most] of it.

I still “purge” the crap off my system, periodically, just in case the plug-ins missed it.

22 posted on 06/12/2011 11:35:05 PM PDT by Salamander (I wear my sunglasses at night.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: shibumi


Terse but applicable.

23 posted on 06/12/2011 11:37:02 PM PDT by Salamander (I wear my sunglasses at night.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: TheOldLady; SunkenCiv; shibumi; Larry Lucido; 50mm; Eaker; Markos33

I’m currently taking Cefuroxime for sinus pain.

I’m covered for cyber-cooties.

24 posted on 06/12/2011 11:38:55 PM PDT by Salamander (I wear my sunglasses at night.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: DeoVindiceSicSemperTyrannis

Yeah, and they’ve got lots of tracker/ad/cookie crap, too.


25 posted on 06/12/2011 11:40:04 PM PDT by Salamander (I wear my sunglasses at night.)
[ Post Reply | Private Reply | To 18 | View Replies]

To: Salamander; TheOldLady


26 posted on 06/13/2011 3:13:27 AM PDT by SunkenCiv (Thanks Cincinna for this link --
[ Post Reply | Private Reply | To 8 | View Replies]

To: SunkenCiv

Stay clean!


27 posted on 06/13/2011 3:47:44 AM PDT by Salamander (I wear my sunglasses at night.)
[ Post Reply | Private Reply | To 26 | View Replies]

To: Colonel_Flagg

You’re exactly right.

I don’t know what kind of economics is being “tried” right now.

America-destructonomics? zer0nomics? obamanationomics? Dieinfidelonomics?

Whatever it is, it’s disgusting.

28 posted on 06/13/2011 4:54:20 AM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT Lightning ping list.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: billflax

My comments were made in open forum. Please post any reply in the same manner.

In your private reply, you said I obviously didn’t read your column. You’re right.

I will not go offsite to give hits to a blogger who’s pimping his work on a site that I and my fellow FReepers are supporting specifically so that we have a clean and safe environment in which to read news and opinion.

You want to be read and understood? Post it here. You want to be perceived as a pimp? Keep doing what you’re doing now.

If you value your own integrity, you might want to check out what kind of adware/spyware is being foisted on your readers. I’m just one less on the hit (sucker) count.

29 posted on 06/13/2011 7:12:16 AM PDT by shibumi (Ego Nunquam Ubi Sub Ubi!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Salamander

Thanks for being the canary in the coal mine by listing all the junk on a lot of sites. :-) *hugs*

30 posted on 06/13/2011 9:13:49 AM PDT by DeoVindiceSicSemperTyrannis (Want to make $$$? It's easy! Use FR as a platform to pimp your blog for hits!!!)
[ Post Reply | Private Reply | To 25 | View Replies]

Navigation: use the links below to view more comments.
first previous 1-2021-30 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794 is powered by software copyright 2000-2008 John Robinson