“I supported Trump because he was a realist about the economy. If he switches to being a supply-sider with no plan for creating jobs other than the false hope that corporate decision makers will suddenly become altruistic”
Wow! You really have **no** idea what supply-side economics is about.
Jobs are not created because “corporate decision makers” become altruistic. Did you *really* think that *anyone* thought that? Did some college professor lay that piece of drooling-idiot wackadoodle crap on you?
Supply-side economics hold that “corporate decision makers” create jobs because that is the way that they themselves make money. They create jobs out of enlightened self-interest.
That only happens, though, if setting up and operating a new business is practical. Today, regulations make it a huge PITA. Then, if you get set up, the government levies the highest corporate taxes in the civilized world.
Who needs it? Love of country is not going to keep those dirtbags from bailing out. Hello, China.
Lastly, it has been demonstrated repeatedly that the Laffer curve accurately represents the progress of tax revenues following tax cuts.
Reagan was right.
Reagan was right, and the godless unpatriotic pierced-nose Volvo-driving France-loving left-wing Communist latte-sucking tofu-chomping waitress-murdering holistic-wacko neurotic vegan weenie perverts were wrong.
It’s awfully late in the day to be criticizing classical economics, especially since they have guided policy in no way since Ronaldus Magnus walked into history.
>>Wow! You really have **no** idea what supply-side economics is about.
Yes, I do.
>>Jobs are not created because “corporate decision makers” become altruistic.
That was sarcastic. It was meant to imply that they will NEVER create jobs in America as long as third-world slave labor is cheaper. Do you want Americans to compete with third-world slaves for a dollar an hour to make a $900 iPad? Do you understand what the Federal Reserve has done to our money system to insure that our workers can NEVER compete with the rest of the world?
An economy is a SYSTEM. Its not a collection of independently operating theories. Remember that all economic theories begin with “ceteris paribus”: with all other things equal. It is not equal. The “other things” are never equal nor are they static! If you push here, something pops out there. If you don’t work with the SYSTEM, you just create a problem or two or three every time you try to poke something to fix it.