[goo3]

Originally Posted by azndude69

Corporations are eliminating jobs and shipping them overseas. They offshore their profits and lobby for tax credits and loopholes that allow them to pay little to no tax. How can they expect the average person to support them?

The US model of supply side economics with their trickle down theory isn't working. Lower taxes, smaller governments and less government regulations lead to the current mess that the US is in. Companies have had lower taxes and increased their cash reserves but have not done any hiring.

These companies then blame it on uncertainty as to why they are not hiring. The real truth is that there is no demand for them to produce or hire more.

Demand side economics is where if consumers have a desire for a certain product, companies will try to produce it, and thus hire people that in turn will spin the economy.

Henry ford paid his workers well, and this allowed them to one day afford his cars.
If companies paid workers better with more people working, and the average person had more $, they would demand more goods and would ultimately help corporations.

This is a pretty good and funny interview if you have time to watch it.

The Daily Show with Jon Stewart : Jennifer Granholm Extended Interview