Reagan (you may have heard of him) fixed his recession by raiseing taxs and spending.
Also (thanks to the GOP and Bush) in the past 30 years we have learned trickle down/supply side doesn’t work, especially when you let Wall Street be as greedy as they like.
Right now business is doing what business should - doing what is good for business - profits are up and they have money to spend and they are choosing to spend it on equipment and programs that increase productivity, rather they hiring more people. They have found that it is cheaper to work current employees longer and harder then it is to hire and train new people.
kennethcwarren64 over 13 years ago
Reagan (you may have heard of him) fixed his recession by raiseing taxs and spending.
Also (thanks to the GOP and Bush) in the past 30 years we have learned trickle down/supply side doesn’t work, especially when you let Wall Street be as greedy as they like.
Right now business is doing what business should - doing what is good for business - profits are up and they have money to spend and they are choosing to spend it on equipment and programs that increase productivity, rather they hiring more people. They have found that it is cheaper to work current employees longer and harder then it is to hire and train new people.
Dtroutma over 13 years ago
If that’s Reaganomics on the board JUMP!!
petergrt over 13 years ago
http://www.cnbc.com/id/38691272
While Germany’s economy, as they refused to follow 0bama’s view of economics, has grown 2.2% this quarter … .
petergrt over 13 years ago
Why of course!
Its the Bush’s fault!!!
WarBush over 13 years ago
^Its Reagan’s fault!
pirate227 over 13 years ago
^ Ah, the beginning of Voodoo Economics, makes you nostalgic.