{"id":23722,"date":"2017-01-20T13:02:14","date_gmt":"2017-01-20T18:02:14","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=23722"},"modified":"2017-01-20T13:03:37","modified_gmt":"2017-01-20T18:03:37","slug":"supply-side-economics-and-demand-side-economics","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2017\/01\/20\/supply-side-economics-and-demand-side-economics\/","title":{"rendered":"Supply Side Economics and Demand Side Economics"},"content":{"rendered":"<p>Isn&#8217;t it obvious that if there is a supply side economics, there must be a demand side economics?<\/p>\n<p>I take supply side economics to mean that when supply is not adequate to meet demand, you want to work on increasing supply harder than working on decreasing demand. I think that makes an awful lot of sense.<\/p>\n<p>The proponents of a single prescription that works for all diseases fail to ask if there might be a different prescription for a different disease.  If there is supply side economics to cure one disease, isn&#8217;t it natural to ask if there is demand side economics to act on a different disease?<\/p>\n<p>I take demand side economics to mean that when demand is not adequate to meet supply, you want to work on increasing demand harder than working on decreasing supply. I think that makes an awful lot of sense.<\/p>\n<p>It didn&#8217;t take much to come up with demand side economics.  All I had to do was to swap the words demand and supply.<\/p>\n<p>The problem with adherents of supply side economics is not that their is a flaw in the theory. The problem is not knowing when that theory applies, and not knowing the obvious theory to apply when the situation changes.<\/p>\n<p>There is no contradiction in being a proponent of supply side emphasis when it is needed and demand side emphasis when it is needed.<\/p>\n<p>To me, it seems so obvious that I don&#8217;t know why more people aren&#8217;t saying this, and why it has taken me so long to write this.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Isn&#8217;t it obvious that if there is a supply side economics, there must be a demand side economics? I take supply side economics to mean that when supply is not adequate to meet demand, you want to work on increasing supply harder than working on decreasing demand. I think that makes an awful lot of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-23722","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/23722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=23722"}],"version-history":[{"count":3,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/23722\/revisions"}],"predecessor-version":[{"id":23725,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/23722\/revisions\/23725"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=23722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=23722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=23722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}