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Conservapedia talk:Featured articles (view source)
Revision as of 04:50, January 20, 2010
, 04:50, January 20, 2010→New Ordeal: my bad
:::Ok, so this use of the term "supply side" differs from what supply side is. Supply side refers to the importance of incentives to stimulate economic output, rather than classic Keynsian measurements of aggregate demand to determine "stimulus". [[User:RobSmith|Rob Smith]] 07:43, 19 January 2010 (EST)
:::Ok, so this use of the term "supply side" differs from what supply side is. Supply side refers to the importance of incentives to stimulate economic output, rather than classic Keynsian measurements of aggregate demand to determine "stimulus". [[User:RobSmith|Rob Smith]] 07:43, 19 January 2010 (EST)
::::I use "demand side" for Keynesian stimulus plans. The New Deal trued to reduce unemployment by REDUCING the supply of people looking for jobs. It's not the same as supply-side in 1980s (which was to EXPAND the supply).[[User:RJJensen|RJJensen]] 11:15, 19 January 2010 (EST)
::::I use "demand side" for Keynesian stimulus plans. The New Deal trued to reduce unemployment by REDUCING the supply of people looking for jobs. It's not the same as supply-side in 1980s (which was to EXPAND the supply).[[User:RJJensen|RJJensen]] 11:15, 19 January 2010 (EST)
:::::So the reference is to the supply of labor. Was this a conscious effort on the part of New Deal planners, or an unintended result? [[User:RobSmith|Rob Smith]] 21:42, 19 January 2010 (EST)
:::::So the reference is to the supply of labor. <s>Was this a conscious effort on the part of New Deal planners, or an unintended result?</s> [[User:RobSmith|Rob Smith]] 21:42, 19 January 2010 (EST)
:::::(Sorry, I misread your response). Are you claiming the supply-siders of the 1980s ''intentionally'' set about to increase unemployment? That would be complete balderdash. Supply-side refers to placing an emphasis on rewards for work to increase overall aggregate demand (to use an Obama-ism, "making work pay"). Low wages lead to low output, as many would prefer to remain idle rather than labor for little or no reward.
:::::If unemployment rocketed up in the early 80s, it was more a function of Federal Reserve tight monetary policy, rather than Administration or Legislative efforts to reduce the hich cost burden of government on employers and individuals. [[User:RobSmith|Rob Smith]] 23:50, 19 January 2010 (EST)