Nothing proves the laws of supply and demand better than this current unemployment situation.
There is great supply and little demand.
Read a newspaper column bemoaning the fact that employers have a plethora of applicants and do not have to offer excessive perks and higher pay to find very qualified people to fill the open jobs.
Who’d a thunk?
Let's look at a great example of success in recent times. Apple has a created a great deal of supply that didn't exist ten years ago. Demand has followed supply and created a great number of jobs. (Without any government subsidies I might add.)
Compare what Apple's done with all the demand side stimulus by the government, which has had the net effect of creating a huge amount of debt and a 10% unemployment rate.
Do the multi-million bonuses on Wall Street suggest there is little supply and great demand for investment bankers?