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In the discussion thread: We need CEOs to get to work [View all]

Response to liberal N proud (Original post)

Wed Jun 12, 2013, 09:27 PM

3. Supply side stimulus never works

The article presupposes that throwing money at companies can have some sort of effect. One can not stimulate supply - no CEO is going to make more of the products that they are having trouble selling. If you have a factory and I give you a million dollars, are you going to put on a second shift? There's no reason to, you can't sell what first shift is producing. Instead, you are going to bury the money in the company, declare yourself a genius, and work with your board of director buddies to give each other huge bonuses.

The way I see it, CEOs are almost powerless to help this economy. They have to power to destroy it, but not to save it.

The thing putting the brakes on the economy is the obstructionist GOP, insist that supply side can work. If we can get rid of their ridiculous "trickle down" nonsense and stimulate demand instead, the economy will recover.

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Arrow 3 replies Author Time Post
liberal N proud Jun 2013 OP
jtuck004 Jun 2013 #1
mbperrin Jun 2013 #2
LineNew Reply Supply side stimulus never works
Thor_MN Jun 2013 #3
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