Why would any one produce or continue to produce a product or service that
will not be utilized by consumers? Effective demand consists not only of the
desire to buy, but the consumer’s ability to buy, and finally, purchase and
consumption of the good or service. If lack of consumption eliminates jobs,
then it must be consumption that creates them.
Consumer confidence is of vast importance, and fear of the future its
worst enemy.
The two worst and most damaging fears in our society are or have been
unemployment and a financially ruinous illness. Now, if the GOP, the party
of no, no, no, will leave it intact, the illness problem has been or will
later be solved by the new health care laws, and my recent proposal providing
for full employment would solve the other!
For what are we waiting, dear reader? Let us debate it!
Lay on, MacDuff!
Kermit C. Moss
PO box 1136
Monticello, AR 71657
PH 870-367-2486 - office
870-367-7034 - home
August 15th
, 2010
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