How To Explain Economics To A Liberal

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1. Great Video!
2. 😂😂😂😂😂😂😂😂😂
3. Nice music choice, but explaining it to a liberal is like physics to a dog.
4. Problem is you assume liberals are capable of learning.
5. Trickle down economics has been working for you soooo well in the last thirty years. Hasn't it? Your country is imploding with millions of people working full time and qualifying for food stamps. The rich pay less and less tax every year which leads to more and more borrowing that will have to be paid back by your kids.The final insult is the fact that the rich have put all the jobs on a slow boat to china. The middle classes in your country are being destroyed by the wealthy, but don't worry they are dumb enough to vote against their economic interests for generations. They are so dumb they just elected a mindless old fool. When he and his friends are done with you the only thing left will be your collection of assault rifles ......... greatest country ......All together now USA, USA, USA, USA.
6. This should be titled "How to preach angry thoughtless nonsense to the quire."
7. "Higher taxes means less corporations." That's were you're half wrong. Astronomically raise the import tax for corporations that were once American but moved overseas, and you'll have corporations pouring in.
8. Supply and demand creates jobs. Period. If you have something people want, you'll need to make more. To make more you have to hire people to make those. However, it's kind of muddying the water to say that the rich or corporations are solely responsible for the creation of jobs. Anyone can create jobs if you have something people want, and the right resources and opportunities to service that need.
   
   The real problem is that capitalism is a race for the top. So, those at the top with more resources and opportunities buy, integrate, or leverage out competition. But, competition breeds innovation, drives production, creates jobs etc. so is absolutely necessary and imperative for a healthier, stronger, and more productive and economically stable society.
   
   I feel like we've allowed a few to amass too much wealth and power at the price of innovation, growth, stability, and sustainability.
9. I think that ALL politicians should be required to take a few classes in economics before being allowed in any position of power. THIS is why I minored in Economics... it bored the fuck out of me... but goddamn it, IT'S IMPORTANT TO KNOW!
10. I think that ALL politicians should be required to take a few classes in economics before being allowed in any position of power. THIS is why I minored in Economics... it bored the fuck out of me... but goddamn it, IT'S IMPORTANT TO KNOW!
11. thats not how to explain economy to liberal but socialist. real liberals are supporting free market. liberalism means freedom and there is no freedom without free market. you murikans have weird names for socialists and communists, they are not liberals, they want to enslave ppl
12. If you're right wing in america, wtf is wrong with you? America's system is already beyond the political scale of right wing.. This might shock you but welfare=/= communism
13. I love the billy joel in the background :)
14. I understood this before and I'm a liberal
15. well trump might actually help the economy
16. actually uber grew and is still growing
17. Middle Class economics while not actually a technical term is referencing Demand based economics or Keynesian economics which is most definitely is a valid economic perspective. Saying "Middle class" economics makes it more accessible and frankly less pretentious. Yes, it is a rhetorical strategy to win votes, but it is not gibberish. Not saying you have to agree with demand based economics (obviously there are many who agree more with supply based economics), but it is in fact a valid theory. To be honest, there are giant problems with following either side blindly. Following JUST supply side economic based economics results in high wage gaps. This does in fact create a considerable barrier to entry to start a business as the first priority of a person is basic living expenses. Getting a loan is not as easy as it is made to sound in the video. They have to look at your credit score (remember one has to pay the loan back, and if the business doesn't pan out, what now?) So what happens when banks lend out money to people with out acceptable credit scores? Remember 2008, a sign that only using supply based economics can in fact lead to corruption or maybe I am just cynical. However there are in fact many problems with JUST using demand based economics like economic stagnation, inflation, reduced surplus. Economics is the study of choices, and these choices should be made regarding the problem at hand not just following an ideology blindly.
18. You should look at what economic experts have to say. As opposed to a spark notes of atlas shrugged or wherever your supply side economics are coming from.
19. While I generally (though not entirely) disagree with your analysis. I appreciate you making your point in a respectful and concise manner, thank you. This gives me plenty to think about and makes me wish this kind of debate were more comon in our politics.
20. There are also really dumb conservatives.