How the hell can people seriously say the phrase "lack of

Welcome to half-educated Keynesians, the most common person around

>>1628901
They're saying that the whole economy is not producing as much output as it could if there were more buyers

give poor people more money because they still have needs according to maslow's hierarchy. they will spend that money on their needs.

>>1628901
Because it would in fact increase that year's GDP as it's just numbers. People mistake economy as numbers. When ministers think the same, that country is fucked.

>Not understanding rudimentary economics

Are you just here to be a shitheadposter?

It's more to do with people getting older and producing less.

Less innovation, less interesting, useful or novel products/services, therefore less demand.

Think of the economy more in terms of people doing useful things for each other than anything to do with money - that's just the accounting side of things.

It's an objective description, not a judgment of people's taste. Sorry this pisses you off for some reason.