More People Understand It’s Not About Regulation. It’s About Demand

John Harvey’s blog post for Forbes.com about regulation vs. consumer demand hindering the economy nails it. The constant focus by Messrs. Romney and Obama on everything else but consumer and aggregate demand shows they both have a lack of understanding about the basic tenets of economics. Mr. Romney especially is disappointing, especially as a business person who allegedly should know better. When you have had a career where you actually never had to build and sell anything, this is to be expected.

About Alton Drew

Alton Drew brings a straight forward and insightful brand of political market intelligence. Alton Drew graduated from the Florida State University with a Bachelor of Science in economics and political science (1984); a Master of Public Administration (1993); and a Juris Doctor (1999). You can also follow Alton Drew on Twitter @altondrew.
This entry was posted in Barack Obama, commerce, consumers, Economy, Elections 2012, Mitt Romney and tagged , , . Bookmark the permalink.

One Response to More People Understand It’s Not About Regulation. It’s About Demand

  1. Ken Ciszewski says:

    Henry Ford understood this principle when he found a way to pay his workers enough so they could buy Ford cars (this was back in the last century when Ford first started mass producing cars). It’s surprisingly simple wisdom that escapes many modern business people. Of course, you have to be willing to share with others, and not just be “winner take all” greedy.

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