Quote:
Originally Posted by filtherton
Ace, it really seems like you agree with the necessity of demand in the wealth creation process. You're just too stubborn or too mixed up by your own personal definitions of 'wealth' and 'value' to realize it.
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I don't agree with the notion that demand drives real wealth creation. I am a "supply-sider". The entirety of supply side economics involves more than simply lowering tax rates for "rich" people. Given that and my belief that economic growth comes from real wealth creation my view on the solution to our economic malaise is obvious. Tax increases in the US, Germany or any where else is not going to stimulate economic growth.