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Sunday, January 20, 2008

tax rebates

Everyone understands the economics of businesses using tax savings to produce jobs which has to some degree worked in the past. the economic climate has changed to the point that those same businesses that would have produced jobs here in the United States 20 years ago are now the companies sending jobs over seas to reduce costs while maximizing profits.

regardless of how it is worked our economy and society is based on the supply and demand aspect of the free market economy. my understanding of supply and demand is if no one can afford to buy the products then there is no demand for the product which translates into no demand for workers to produce the products.

1 comment:

TCavanaugh said...

Well said...now what is the solution. I would love to see more jobs created and more spending, but without the overwhelming debt that seems to be rampant in our society.

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