Supply Side Economic Looking Sad

As usual Robert Reich make a clear case for more government spending, not less. He wonders why the president talks about encouraging innovation...

Amplify’d from robertreich.org

Become more innovative? Out-compete? Who or what is he talking about? Big American corporations are innovating like mad all over the world, with research and development centers in China and India. And their profits are soaring. They’re sitting on almost $1 trillion of cash. But they won’t create jobs in America because there’s not enough demand here to justify them. Read more at robertreich.org

 

See this Amp at http://amplify.com/u/kf9t