Quote:


We are currently living with the results of Trickle-Down economics (AKA Reaganomics, read a book) which is exactly the drivel that you are spewing now. It Doesn't Work!



Neither supply-side nor demand-side have anything at all to do with the current situation. It's totally irrelevant. That's not where the problems are at all.

And supply-side seemed to work pretty well for a quarter-century, certainly a lot better than what came before.

Also note that resorting to supply-side or demand-side dogma won't do anything to help right now. Once a bank-system fix is in place - and it doesn't exist yet - then a demand-side-type quick-hit stimulus may be better than supply-side at first: in such a situation you're less concerned with which is more efficient in the long run than you are with getting economic activity started immediately.
_________________________
"If they can't picture me with a knife, forcing them to strip in an alley, I don't want any part of it. It's humiliating." - windsock