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Authored by: PolR on Sunday, September 30 2012 @ 04:22 PM EDT |
Quantify the money that flows to consumers. Quantify the number of jobs created.
Until some economist has worked out the numbers what you say isn't informative.
I suspect the problem is bigger than pay cuts. It is lack of a sufficient flow
of money to sustain a meaningful contribution to the economy. I think lawyers
and shareholders paying for car washes and other cheap labor is peanuts in the
grand scheme of things because they aren't so many lawyers and shareholders
compared to the size of the economy. But showing that requires a competent
economic analysis.
My point is that any statement that patents keep the economy going or keep the
economic numbers looking better than they actually are is not justified unless
some real supporting economic data is provided. I don't believe we have that.
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