FletchforFreedom Wrote:
Mar 08, 2013 12:36 PM
BTW, no one except government has "abandoned" the Virtuous Circle of economic growth. The MARKET works as 1) businesses produce things consumers want, 2) consumers meet their needs with those products, 3) companies earn a profit, 4) companies invest in their business creating jobs and higher compensation, 5) economic output and efficiency increases so that more/better things can be produced; go back to (1). Employers still do this except government undermines profits, forces higher benefits (still compensation), regulates like crazy and undermines job creation.