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pipoman

(16,038 posts)

5. That is the wal-mart and French model..

Reply to applegrove (Original post)

Sat Jun 1, 2013, 10:19 PM

Jun 2013

neither are effective in increasing disposable income which is what is needed to improve the economy. France has not improved with these measures..in fact they have declined economically since these measures.

It makes far more sense to subsidize shorter workweeks than to pay unemployment benefits to people who are not working at all.

Austerity doesn't...can't breed prosperity. Neither can propping up governments with trade deals, who are never going to allow for worker prosperity and are making no advances toward parity of standard of living with "first world nations"..

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Highlight:

"Austerity Advocates Have Been Wrong About Everything" [View all] applegrove Jun 2013 OP

This is all by design rucky Jun 2013 #1

To kill inflation making the rich richer. applegrove Jun 2013 #2

They've been right about who butters their bread Warpy Jun 2013 #3

a bunch of them got re-elected last fall, they must do something right :-) nt msongs Jun 2013 #4

That is the wal-mart and French model.. pipoman Jun 2013 #5

People who are right are so shrill, it's much easier to forgive being wrong than forgive being right Fumesucker Jun 2013 #6