Originally Posted by Fedaykin
It's the core stupidity of "supply side" economics. Jobs are not created by people that have capital. Jobs are created by demand. People with capital aren't going to just create jobs for the hell of it. They want an ROI.
No Demand = No ROI.
And populations with falling incomes in an environment of rising prices means no demand.
That Ryan would think this is the proper environment to launch austerity measures just shows what an out-of-touch ideologically rigid nincompoop he is.