Do conservatives want us to believe that supply side economics leads to faster growth than keynesian economics

Question

based on faith alone?

Everytime I show evidence proving the economy grows faster when the government invests in the American people instead of government that gives their wealthy friends tax cuts...

they tell me the facts don't matter.

If the percent change in:
- inflation adjusted GDP
- inflation adjusted GDP per capita
- poverty rates
- inflation adjusted median incomes
, etc, etc don't matter,

what does?

Should we just take their word for it?

notadum,

Conservatives have lots of rhetoric, few facts to support their claims, and lots and lots of EXCUSES for why their theories did not pan out.

rotor,

Investing in the American people means investing in public education so that every kid regardless of the social class he was born into gets an education.

It means state subsidized universities, student grants, subsidized loans, job training programs, GI Bills, temporary unemployment insurance, and temporary safety nets so people don't lose their home during hard times.

Helping the little guy work his way up leads to innovation and competition. Giving the rich and big business tax cuts and favors, leads to monopolies.

Answer 1

you REALLY need to take economics. you throw out numbers that mean nothing, when people show your numbers are not valid you say they are making excuses. it really is quit comical. I think IM going to take your questions to my eco prof over christmas to give him a good laugh. It would be a nice christmas present to him I think. so im thanking you

Answer 2

So lets put this into plain English, you think the economy of a nation will do better if the government takes money away from the "wealthy" (i.e. anyone who works, makes more than $40k a year and doesn't have kids) and give it to those who by their own choice, have kids they can't afford and don't work.

Oh, your talking about Socialism/Communism. Wow, there are some great examples of countries following these failed doctrines that are absolutely SLAMMIN' the US with their powerful economies. But don't take my word for it. Move to Venezuela, France, China, North Korea, Russia, Nicaragua, Cuba or Canada. Write back in one year and let us know how things are going.

Answer 3

It can in a perfectly inoculated enclosed economic environment, but the world is operating in globalism not an economic petri dish.

Answer 4

No.

Trickle down economics- Republicanparty "conservatives" mostly want us to believe that the Market is the economy.

And the ability for people to readily make-ends-meet is not economy.

This is because market "growth" is not primarily domestic in purpose. Our market is important, first, because it is our ability to make war on other countries.

A country with a weaker market can only make war with another country with a nearly equal weak market.

Answer 5

I think you're missing a key element of distinction here.

You're SAYING "faster growth" and MEAN "...for the economy as a whole".

They HEAR "faster growth" and think "...for the upper 1% which will someday include me, somehow."

So do supply side economics lead to "faster growth" for a SELECT few people? Of course.

Answer 6

i ask your self what the end result may be in case you extra interior the national debt and inflation into that? Keynsian economics rates complete employment maximum mandatory yet creates super debt and inflation.

Answer 7

These are people who believe that an invisible man who lives in the sky created the universe in 6 days. They'll believe anything anyone tells them too.

Answer 8

It's a long term thing. Supply side economics provides diversity which in the long run creates a healthier more robust economy. Sorry but that's just ENOM101. Everybody who took and economics class knows this.

Answer 9

notadummyrat must be right, it must be a long term thing.

It's just too bad none of us will live long enough to see any benefits from supply side economics.

(yes, this is sarcasm)