Go Back   Science Forums
View Single Post
Old 04-19-2009   #4 (permalink)
wufwugy's Avatar
wufwugy
Thinking


 
wufwugy is on a distinguished road
 



Not Ranked  0 score     
Re: A Solution to our Economic Woes...

What you're suggesting is to increase supply without increase in demand during a recession of depressed demand. Increasing supply like this would result in the market being flooded by product, thus reducing value, thus destroying investment, thus destroying wages, thus destroying the economy. What we're looking at in our situation is strawberry shortcake compared to what would happen if we increased supply three-fold.

Your idea is already well understood, and is used when practical for reducing cost. This is an entirely different issue than our economic woes.

Edit: Unemployment would definitely bottom out very quickly like you say, but the subsequent backlash would be so dramatic we would be losing several million jobs a month due to demand having been royally fucked

Last edited by wufwugy; 04-19-2009 at 11:04 PM..
Reply With Quote
 
» Advertisement
» Current Poll
Who's the sexiest man alive? Johnny Depp or Robert Pattinson?
Johnny Depp - 30.00%
3 Votes
Robert Pattinson - 0%
0 Votes
Someone else (please specify) - 40.00%
4 Votes
I'm too macho to think a guy is sexy - 30.00%
3 Votes
Total Votes: 10
You may not vote on this poll.


All times are GMT -8. The time now is 06:45 AM.

Hypography?

Hypography [n.]: A combination of "hyperlink" and "bibliography" - ie, a list of links to electronic documents. Comparable to discography and bibliography, but not cartography.

We have been online since May 2000, and aim to be the best place to find and share science-related content of all kinds.

Share the love!

Please add more science to your life. Use our RSS feeds on your blog, your portal, or your favorite feedreader!


Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Copyright © 2000-2009 Hypography
Part of the Hypography - Science for Everyone Network