General Discussion
In reply to the discussion: Why would a business owner expand and hire if he/she can't make more money? [View all]Aerows
(39,961 posts)But they don't make more money if people aren't spending more money. Oh, I'm sorry, did I interrupt your supply-side economics? Allow me to retort. Unless people want to buy things, things don't sell. Unless people have money, they don't want to buy anything but food and keep a roof over their heads because that is all they can afford.
Oh wait - novel approach. People have enough money to provide a roof over their head and food. They can afford to demand, and that means your business has to increase output. It does. You hire more workers. They increase output. You cry because you have to actually take care of your workers because suddenly, you are in a demand side economy. You are lazy. The guy down the street loves the demand side economy, hires your workers because he is willing to pay them, produces a bunch, is productive and has a productive staff, and you suddenly have to get off of your lazy supply-side economics ass.
Any questions?