Non-Economic Solutions for Economic Problems
A consistent talking point and rallying cry for all politicians is to create jobs. Every ideology has some platform dedicated to job growth or change. Yet the two most prominent political parties, Democratic and Republican, have not addressed the true stimulant for job growth and wage increases that have predicated every “boom” in our capitalist society. President Trump and the majority of the Republican party had continually stuck with the age old supply-side economic theory: if you cut taxes on the wealthy and corporations, they will take the money they save a reinvest it in the economy, creating production and job growth. With the rise of Trump Republicanism, Democrats have moved to the left, slowly embracing a job guarantee system along with demand-side economics. The government will provide a job if you cannot find one yourself, along with lower taxes for lower- and middle-class people, ensuring their ability to continuously buy, causing production to match demand. Both sides d...