Tax cuts = more jobs

still waiting for "proof" of the claim that Bush's tax cuts created more jobs rather contribute to the Great Recession

 

Well I think these two graphs look pretty promising

https://www.epi.org/nominal-wage-tracker/

Current inflation United States - CPI inflation


https://www.inflation.eu/inflation-rates/united-states/current-cpi-inflation-united-states.aspx

 

Right wingers who think that economic models used to understand inanimate objects can also understand the labour market.

Efficiency wages says otherwise.

You've presented zero comment to prove wage is a lag factor. Efficiency wages, mind you, would actually say its endogeneous

I adopt profit-related pay. No lag at all...

 

I've already provided links, you choose to ignore them. Any type of research on wages in the free market will prove your position incorrect. I've yet to see any proof from you that supports your position. Hmmmm?

Profit related pay.... good God man, read what you just wrote! You've proven the point that wages are in a LAG position with that one.

Waiting for the deny, deny, deny in three.....

 

Fair enough. I want a yacht, but don't have the money. Since my ability to pay for one is irrelevant, please explain how I create a demand for the yacht industry.

 

So you have to resort to a ridiculous scenario, in order to try and salvage this exchange. Lol

Demand is created by want/need of a product. How much money, you have in your pocket or bank account, is irrelevant. Your purchasing power is up to the limit of your credit (credit is money you don't have, since you don't seem to know what words mean)

Go and take a basic Econ course, so you won't keep making the same mistakes over and over again.

 

You are still 100% wrong. You said "Demand is created by want/need for a product/service. How much money you actually have, is irrelevant."

I am somewhat relieved to hear you call my scenario ridiculous, since it is nothing more than an example of your claim. Thats a good start.

Credit is issued based on ones ability to pay. How can money taken by the government be a part of a debtors pay history? Taking cheap shots and falsely claiming I never took econ is not an answer.

 

And if the company loses money one month and not profits then the employees don't get paid?

BTW labor cost are an expense and come BEFORE profits.

 

well sure, if we entirely ignore basic economic concepts and principles, I would be wrong.

which is correct.

no, it isn't.

So you don't understand credit. got it.

 

So what about my statement is wrong? Are you saying that payment history and ability to pay is not how credit is established?

 

what demand is

no. I'm saying that demand has nothing to do with how much money you have in your pocket.

 

That isn't true is it? You provided two links of one source. That one source has already been confirmed as supporting what I said: the quality of employment falls first (e.g. reduced hours; elimination of non-pecuniary benefits etc).

You have seen a source. The very one you sent me! Keep up. And to talk about 'free markets' regarding labour is clueless!

If GDP falls and my company suffers, then wages will naturally fall. The only lag is in employment. Employees have a mixture of general and specific training skills that typically makes supply/demand criteria terribly naive. We're in it for the long haul. That is efficient.

You even lack content in your attempts at put-down. Congrats on the consistency.

 

Your kind....., yea, how about that, some ****** wants to classify you as a WORKING SCHMUCK while he takes advantage of working class people...

 

still waiting ....

 

Have no clue as to what you refer, but glad to have helped you get it off your chest.