My my. Lots of false analogies and some rather weird and imaginative "examples" of how wonderful supply side stuff is there
Not really. And I don't really think "supply side stuff" is "wonderful."
But even if there were, that's much better than the undeserved condescending arrogance of the response I got.
AGAIN. I am NOT saying that having extra money in the pocket of person B instead of it being in the pocket of person A, is inherently "bad."
Nor is it inherently good.
The conclusion at the end of the OP is "supply side economics is nonsense."
The basis of that is an article that isn't understood, as it mostly disproves what you're saying if you actually understand it.
I addressed that.
You can try telling me "AGAIN" and "AGAIN" and "AGAIN" what you "AM" or "NOT" saying all you like but if you don't really understand what you're saying, I am limited in what I can do beyond facilitating my own entertainment.
I'm AM saying that what is being pushed by supply side advocates is much like what you've posted here: imaginative, not real.
You don't really mention any "supply side advocates" in the OP.
At best you mention: "The political CLAIMS of the people who recently drastically altered the way revenues are taken by the Federal Government, said that reducing business taxes dramatically as they did, would nearly instantly result in American businesses expanding"
You don't mention any specific names. There is absolutely nothing that denotes these people as actual "supply-siders," or, "supply side advocates," nor "supply side eeconomists" or actual believers in "supply side economics."
A guy telling his friends about the health benefits of sex after having a one night stand with a woman he lied to on the internet doesn't make him an altruist nor a doctor.
Arguing that medicine is "nonsense" based on some vague story about how some people are saying all guys cheat and presenting an article about a girl marrying a foreign bride to prove it, is entertaining more than anything.
You also don't really provide any actual evidence whatsoever that "the political CLAIMS of the people..." are in any way false.
I see nowhere in the OP where it states "would nearly instantly result in absolutely every single American business to expand in obvious ways that directly positively economically influence every single American and only American, ever, with no doubt that nothing would ever change in any way except to the positive in American economic growth every second of every day for the entirety of the existence of America."
I'm AM saying that what is being pushed by supply side advocates is much like what you've posted here: imaginative, not real.
And I'll say, "AGAIN" (and why you capitalize rather than bold or italicize I'll never know, it is annoying though, it makes it look like online Tourette's), you have not shown anything from any particular supply side advocate, and don't know what you're talking about when you say "supply side economics is nonsense."
At best/worst you've goal seeked an article that you wanted to prove your own bias against an economic theory or group of people, and conflated a bunch of things together, all so you could post something you think you feel smart about but really have no idea what it means.
Just because politicians use supply side rhetoric to justify their behavior, it doesn't mean they are supply side advocates, or economists, or even really know what they're doing.
IMO you've conflated politicians with economists.
Just like I don't think you really understand "demand" in an economic sense by the way you are using it and seem to be conflating that with individual desire, or something more appropriate to marketing/advertising rather than economics.
IMO that's fine. Go nuts with that. People online do it all the time. When you make assertions like "supply side economics is nonsense" that is actually somewhat worth responding to, actually addressing supply side economics.
And "AGAIN" it's funny you accuse me of "false analogies."
What with:
I liken it to the situation where a car is stopped by the side of the road, broken down somehow. The supply-sider comes along and declares that the problem is lack of enough oil, dumps two quarts in, and drives off again, never having noticed the two flat tires, or the fact that now there's oil dripping out of the over-filled engine.
I have read that analogy numerous times, or one very nearly like it.
And in every case "government" has always been used in place of "supply-sider."
It was used a lot when the wars in the middle east were more prominent in the news, it was used a lot when TARP and bailouts were in the news.
What an economist believes, and can prove works, and what the government does and then what it uses to justify what it does, are completely and utterly different things.
Simply changing "government" to "supply-sider" doesn't make an economic theory "nonsense," nor does it even really address supply side economics, nor make an analogy true or work.
Try to figure out what it is exactly you want to talk about.
Because based on the OP it seems you could be addressing one of two things.
Either:
1. Politicians are full of crap and I want to appear smarter than I am!
2. I disagree with an economic theory and believe it's nonsense but don't really understand what I'm talking about!
One of those is interesting.
I chose what I found interesting to respond to.