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re: Obama: Extending Unemployment Benefits “Creates New Jobs”

Posted on 1/8/14 at 2:24 pm to
Posted by Powerman
Member since Jan 2004
162289 posts
Posted on 1/8/14 at 2:24 pm to
quote:


What good does providing the means for investment in production do if the additional demand is not there?

There is plenty of money lying around waiting to be invested. It is waiting on demand.


This really can't be refuted
Posted by ironsides
Nashville, TN
Member since May 2006
8153 posts
Posted on 1/8/14 at 2:45 pm to
quote:

This really can't be refuted


Unless, for example, there is an oilfield to be developed but the government won't allow you to invest in developing it........

Demand can be there but profitability not be there. If you raise the price to where it is profitable, then the demand goes away. On the other hand you may decided to hold off on investment because you have no idea what the government is going to do in terms of regulation and taxation. Why not hold off until that calms down? We have an extremely business hostile administration.
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