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Conservapedia talk:Featured articles (view source)
Revision as of 05:14, January 20, 2010
, 05:14, January 20, 2010negative supply side = FDR
:::::(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.
:::::(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)
:::::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)
::I was not writing about the 1980s, I was looking at the 1930s and said that FDR tried to reduce unemployment by taking millions of people out of the labor force. That is negative supply side. Reagan wanted to create new jobs--that's positive supply side. ("demand side" is when people spend more $ on X,Y,Z --they demand more goods and services--and so companies hire more workers to make more X, Y and Z.)[[User:RJJensen|RJJensen]] 00:14, 20 January 2010 (EST)