An interesting thought popped into my head while shopping for a new tire stem valve on the Internet.
(I found a very nice set of 83 degree valve stems for my cb750 https://www.jpcycles.com/product/zz21730/k-l-supply-co-right-angle-valve-stem?v=2)
In browsing the vast selection of tire stem valves, I thought about the government folks talking about providing tax breaks to companies so they could generate jobs and stimulate the economy. This is considered supply side economics and might also be known as "trickle down economics" in another era. The basic idea is you enable a company to have the money to buy, build, and hire... eventually stimulating the economy.
All the politicians preaching this surely must know something I don't, but I can't help wondering why a store or company would keep manufacturing if no one is buying. These days, the more likely scenario is the company manufactures in China, sells their goods here at a hefty profit, pocket the tax breaks and pay the company big wigs unbelievably large sums of compensation and bonuses.
Demand side economics would add money in consumer's pockets via meaningful tax breaks, rebates, or jobs. The increased perceived security would certainly spur demand for various goods (staple or otherwise) which would decrease manufacturer's inventories and drive purchasing and manufacturing and ultimately create jobs.
Seems clear to me what would work better but the pull from the politicians seems geared more towards companies which can't vote.
I think if you want to get your congressman or senator's ear, you need to hire a lobby just like the companies do.
(I found a very nice set of 83 degree valve stems for my cb750 https://www.jpcycles.com/product/zz21730/k-l-supply-co-right-angle-valve-stem?v=2)
In browsing the vast selection of tire stem valves, I thought about the government folks talking about providing tax breaks to companies so they could generate jobs and stimulate the economy. This is considered supply side economics and might also be known as "trickle down economics" in another era. The basic idea is you enable a company to have the money to buy, build, and hire... eventually stimulating the economy.
All the politicians preaching this surely must know something I don't, but I can't help wondering why a store or company would keep manufacturing if no one is buying. These days, the more likely scenario is the company manufactures in China, sells their goods here at a hefty profit, pocket the tax breaks and pay the company big wigs unbelievably large sums of compensation and bonuses.
Demand side economics would add money in consumer's pockets via meaningful tax breaks, rebates, or jobs. The increased perceived security would certainly spur demand for various goods (staple or otherwise) which would decrease manufacturer's inventories and drive purchasing and manufacturing and ultimately create jobs.
Seems clear to me what would work better but the pull from the politicians seems geared more towards companies which can't vote.
I think if you want to get your congressman or senator's ear, you need to hire a lobby just like the companies do.
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