General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWeak demand (not excess taxes or regulations) is preventing job growth
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http://boldprogressives.org/federal-reserve-study-weak-demand-not-taxes-preventing-job-growth/
Skittles
(153,169 posts)you pimp jobs offshore and inshore and stagnate pay, make all the real gains go to the top 1%, and do a triple war against pensions, social security and medicare......then you wonder why people aren't buying?
Amonester
(11,541 posts)the price of heating oil, the price of electricity, the price of food, the price of... almost everything else
Do They Think Money Grows From Trees????
Cary
(11,746 posts)the average household income would be almost twice what it is today. Instead of $50,000 a year it would be over $90,000 a year.
No one ever talks about this fact.
If the average household income was over $90,000 a year we would not have had a mortgage crisis. Demand would be higher. We would not be in a liquidity trap.
Angry Dragon
(36,693 posts)that would also create more jobs
Sherman A1
(38,958 posts)They are feeling the pinch of lower levels of consumer spending as well and they are not enjoying the situation.
http://www.democraticunderground.com/10022382467
ProfessionalLeftist
(4,982 posts)They are one of the main reasons we're in this situation. They get no sympathy from me.
Egalitarian Thug
(12,448 posts)Too many people either out of work or working for too little.
Fixing this economy can be done so simply, our government just refuses to even propose the steps required to do it because Wall Street doesn't like them.
ProfessionalLeftist
(4,982 posts)...it's big corprats/Wall St.
And the idiot GOOP is all worried about "big guvmint" and they clutch their damn guns.
Well "big guvmint" isn't the problem. The problem is Big Corporations who are controlling the government instead of citizen voters. When actual people control the government, it works for the people. When big corporate interests control the government, it works for them and only for them and hurts everyone else.
The damn Teabillies completely miss that. Duh.
Auntie Bush
(17,528 posts)Igel
(35,320 posts)The difference is called the "trade deficit."