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Trickle-down economics is "wrong" according to the IMF

#77

Quote:When women enter the work force, they earn money and become consumers.   So you have added to the supply of labor, but you have also added to the demand for goods and services, which raises the demand for labor.  

 

And aside from that, countries that refuse to utilize half  their talent  base are at a severe competitive disadvantage against other countries who take full advantage of all the talent they have.     
 

Nope, we're talkiing about going from single income families to double income families, the vast majority of American households the last 100 years. Those households don't demand more goods, demand remains relatively static for America's two parent, 2.3 children families. What decreased was the need for roughly 1/3 of the men in the workforce as women moved in and took their place (at lower wages).

“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

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Trickle-down economics is "wrong" according to the IMF - by flsprtsgod - 06-28-2015, 08:44 PM



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