COMMON SENSE AND SUPPLY SIDE ECONOMICS FOR REAL ESTATE EVERGREEN COLORADO
The perennial debate is over whether we tax and spend ourselves in to prosperity or cut taxes and let the market demand generate the jobs and the prosperity we all need to succeed. Whenever I am faced with a question like this I try to reduce it down to the bare essentials because I know that truth is truth no matter how big or how small the problem.
Looking at the smaller picture I perceive that if my job prospects were overwhelming and my income was doubled or even triple I would be spending more money and consuming more goods and services. This, of course, would stimulate the economy in a natural way and create jobs and prosperity for everyone else in my community.
So, it would seem to me that what we need is more demand for our job skills, more demand for the products and the services that we produce in our local area, more demand for the basics of life like food and shelter, and more demand for luxury items that give life that added spice. Taxing away all the available money in my community, then borrowing more so that you can spend more, and sending the mortgage payment book to my kids and me doesn’t seem to be the wise and prudent thing to do. And you know what? It is not working.
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