ext_58976 ([identity profile] daveon.livejournal.com) wrote in [personal profile] daveon 2013-06-13 09:59 pm (UTC)

The thing about this is some of the thinking does, in my mind, run counter to common sense. I've been discussing some of this with a UK friend who cannot get his head around where demand comes from. He keeps talking about reducing benefits and taxes and how that will spur the economy without any real thought of what people do with more cash in their pockets, nor the effect of replacing benefits of $X a day with a salary of $X-1 a day.

It's not hard.

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