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Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ
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It is a Demand Side Problem, Stupid, Not a Supply Side Problem

24 May 2016 | Pago Pago, American Samoa
Kimball Corson
Republicans are hung up on a whole range of supply side issues including --

-regulation interferes with productivity and output,
-lower taxes increase investment,
-robber barons are all hard working Horatio Algers,
-welfare bums don't hold jobs and work like they should,
-wealth and prosperity "trickle down" from the rich at the top,
-higher marginal tax rates are a disincentive to work,
-entitlements undermine work effort (think SS and Medicare)

Republicans have virtually zero discussion or thought on demand side problems, how national income can better finance wants to create more economic demand.

Supply deals with output or production, what capitalism does well. Demand deals with want that is financed mostly by income. Income is acquired mostly from producing things. Demand is the problem in America because too much income goes to the top which hoards it and the bottom doesn't have enough to finance its wants and create demand. Republicans don't understand this or refuse to care.

They focus only on how they think we should be producing more, but unless there is demand, production gets gets cut otherwise business inventories will build up and become to high. Production is cut back to roughly equal the demand for goods and services to prevent excess inventories. Most republicans really don't get this; those that do, don't really care.

These are the reasons why republicans don't address the economics and policies that are necessary to really increase production and national income in America. The party only protects the rich. Democrats, especially under Obama, simply follow suit and we all do much less well than we could.

America needs to wake up and understand this. If it would, republicans would be turned out of office and America could progress.
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Vessel Name: Altaira
Vessel Make/Model: A Fair Weather Mariner 39 is a fast (PHRF 132), heavily ballasted (43%), high-aspect (6:1), stiff, comfortable, offshore performance cruiser by Bob Perry that goes to wind well (30 deg w/ good headway) and is also good up and down the Beaufort scale.
Hailing Port: Lake Pleasant, AZ
Crew: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
About:
Kimball Corson: I am a 75 year old solo sailor, by choice. However, I did take on a personable, but high maintenance female kitten, now a full grown cat, named KiKiPoo when she is sweet, or KatKatPo after she has just killed something like a bird or bat. [...]
Extra:
Although I was a lawyer and practiced law with good success for thirty years, creating significant new law, I never really believed in the law, the politics of law or in the over reaching self-interest of most lawyers I met. Too much exposure to Nietzsche and other good and seriously thoughtful [...]
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Profile

Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ