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Question about Supply Side Economics/Trickle Down Economics/Horse and Sparrow theory

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  1. #10
    If there's no demand for what's being produced, then there's no point in producing it. For example, I could go out and produce 1 million Buggy whips. But I don't think naturally, demand will catch up and buy those buggy whips off me, right?

    We're doing an experiment where we're gutting the disposable income and purchasing power of the bottom 90% or so of Americans, to enrich the wealthiest Americans. At what time will the wealthy, be wealthy enough, for that to turn into increased purchasing power and better standards of living for normal Americans?

    Germany for example, their workers make less $, but they have so many social services it makes up for it. For example, to go to college in Germany, costs a German $0. To get a degree in America, costs an American $75,000. As a result, Germans don't have an issue with student debt, while Americans have a combined debt of $1.3 trillion.
    Last edited by JimmyS1985; 07-09-2017 at 01:41 PM.

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