Bernie leads Hildawg in NH

[jakefromstatefarm]

(09-08-2015, 11:09 PM)Benton Wrote: Mostly it's because the year-to-year isn't really a good judge of overall economic strength or weaknesses. That's the problem with stimulus checks and other ploys, they temporarily bump the economy, but long-term they don't provide much growth. For a business, you're looking at forecasts for several years down the road. You aren't adding more employees or buying new equipment, typically, because your profit grew by 5% for eight months. If you're expecting it to grow 5% for 3-4 years, then you might look at adding new workers to keep up.

Another way to look at it is go back to the 80s. Trickle down. It was good in the short term. Investors felt confident, businesses had more money to dump into the economy. The long-term effect has been disastrous, but looking at it in the first 3-5 years after the approach was taken, it looked good.

Fair enough. 

It just never made any sense to me, but I suppose that's as plausible explanation for it as any.