Our BPIs not only have an immediate stimulus effect on the economy but continue to expand the economy over many years and decades from healthy and educated people infrastructure research and the rest of our BPIs. Our BPIs cause local, state and federal tax events that immediately start offsetting the costs of the BPIs. Then our BPIs make a profit for taxpayers over years and decades from the result of the BPI (healthy and educated people, infrastructure, ...) and other multiplier effects including pulling in business investment.
Democrats strongly support our BPIs and valuing all of our workers but have not put it in this nutshell that explains how bottom-up economics works.
The third factor for the existence of our businesses is sufficient regulation to enable them and create fair competition while being responsible to their customers and employees, our rights, the environment, and the future.
Laws and regulations create order out of chaos providing businesses opportunities, predictability, and ways to develop products and services as well as interactions with customers, other businesses, financial institutions and so on.
Without specific laws and regulations to the contrary, unscrupulous businesses will cut corners and create unfair competition with responsible companies. Unscrupulous companies hurt and sometimes kill customers and employees, pollute our water and air or in other ways hurt our environment, or hurt our communities and even our economy and future. Yes, we need to be vigilant in eliminating unnecessarily onerous laws and regulations, and refining our rules to work without unintended consequences. Unfortunately, too many people and businesses will exploit anything where there is not a specific rule against it no matter who or what it hurts. Without such individuals and companies, our laws and regulations could be much simpler.
Without our laws and regulations, we would not be the most powerful economy in the world. Democrats work to have sufficient laws and regulations for our people, businesses, economy, and environment to thrive.
Democrats are not about giving money to the takers as the GOP would have us believe. Democrats are about making the investments in policies and services that create opportunities for our people and businesses from rural to urban across the US and in every community.
Based on the fundamentals of how our economy works and how our people and businesses behave, Democrats are on the right side of policies that will create the shared and prosperous economy that we should expect in the 21st century!
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
1
1
