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A comment on 20 year study of global wealth demolishes the myth of ‘trickle-down’. Parent comment

Re:20 year study of global wealth demolishes the myth of ‘tr... by temp10298385 on Wednesday December 08, 2021 @10:16AM (#29485711)
Giving people more money (i.e tie wages to increase in productivity) is demand side economics.

Supply side economics is increasing the amount of available goods regardless of demand. The lagging wages are mitigated by credit, i.e. debt.

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Re:20 year study of global wealth demolishes the myth of ‘tr... by refurb on Wednesday December 08, 2021 @10:52AM (#29486230)
You’re taking the words to literally.

“ Supply-side economics is a macroeconomic theory that postulates economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade”

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Re:20 year study of global wealth demolishes the myth of ‘tr... by esarbe on Wednesday December 08, 2021 @11:13AM (#29486521)
No, you are being fallacious.

There are many thousand ways of "giving people money". Supply-side economics prescribes exactly one way of "giving people money", that's by lowering taxes.

You cannot claim that because supply-side economics supports one way of "giving" people money that every way of giving people money is supply-side economics.

You see that, right?

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Re:20 year study of global wealth demolishes the myth of ‘tr... by refurb on Wednesday December 08, 2021 @11:24AM (#29486687)
Grandparent said “giving people money is demand side economics”.
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Re:20 year study of global wealth demolishes the myth of ‘tr... by esarbe on Wednesday December 08, 2021 @04:10PM (#29490551)
Fair enough.
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