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Topic: Who creates the jobs? (Read 5090 times)

sr. member
Activity: 378
Merit: 250
February 04, 2012, 12:41:11 PM
#50
Actually, small and medium sized companies are creating the most jobs.
Since most of them are not running at full capacity they don't see a reason to hire more people.
They only hire more if they can sell the products.

Are those the companies that get the big tax breaks? It would make sense, wouldn't it?
hero member
Activity: 675
Merit: 514
February 04, 2012, 12:04:20 PM
#49
Actually, small and medium sized companies are creating the most jobs.
Since most of them are not running at full capacity they don't see a reason to hire more people.
They only hire more if they can sell the products.
legendary
Activity: 1218
Merit: 1001
February 04, 2012, 04:10:22 AM
#48
Rich people invest, and investment creates jobs. Employees need to be worth the capital to be hired, but ultimately the investment creates the jobs ergo rich create jobs.

Thats not correct.  Most investors are institutions managing the savings of working people and retirees.
full member
Activity: 209
Merit: 100
February 04, 2012, 03:37:43 AM
#47
I'm glad you admit the article isn't entirely interesting but I did read it and the followup. It boils down to the claim that without customers, there would be no jobs. Which is true. But wait, without the sun, there would be no jobs either. Therefore the sun actually creates the jobs. All hail Apollo, the sun god!

We already have a sun, so thats not relevant. We already have companies making just about everything that people desire and that money can buy. What we dont have is customer demand for their products because the customers are broke. Its not rocket science.
+1
hero member
Activity: 728
Merit: 500
January 27, 2012, 11:51:06 AM
#46
The robots will do the shopping obviously. They will be programmed to use currency with advertising space(ads directed at the robots) somehow associated. For example, an image on a dollar bill. The humans will own the capital and split the ad revenue amongst themselves, then pay the robots to shop.
legendary
Activity: 1652
Merit: 1128
January 27, 2012, 11:45:41 AM
#45
Jobs are stupid, robots are the future.
The rich should just build or buy robots, and the robots should produce everything and build everything, the people should all be fired and YES who gives a shhh about the poor people without a job, In my opinion it is pointless to have more jobs, I think less jobs are better but more productivity using automation is the key to the future.



Whos gonna buy the products if everyone is jobless?
sr. member
Activity: 1183
Merit: 251
January 27, 2012, 10:44:44 AM
#44
Jobs are stupid, robots are the future.
The rich should just build or buy robots, and the robots should produce everything and build everything, the people should all be fired and YES who gives a shhh about the poor people without a job, In my opinion it is pointless to have more jobs, I think less jobs are better but more productivity using automation is the key to the future.

legendary
Activity: 1680
Merit: 1035
January 20, 2012, 10:48:34 AM
#43
Quote
Who creates the jobs?

Atlas. Unremoursefully.
full member
Activity: 126
Merit: 100
January 16, 2012, 09:48:28 PM
#42
We/people create jobs, the government tries to take it away from us.
hero member
Activity: 518
Merit: 500
December 30, 2011, 04:17:33 AM
#41
So you are saying that if the average person has enough money he will invest it himself?

If the average person has enough money to finance his desiderata, if and when its needed, someone will invest to provide those. The idea that there isnt enough capital for investment is ludicrous; never in recent history has there been a greater concentration of wealth. That wealth is available to invest, the only thing thats missing is the incentive.. ie, profitability of the investment.
sr. member
Activity: 336
Merit: 250
December 29, 2011, 06:41:15 PM
#40
That's not strictly true, either.  You have to have capital (wealth) to start a business.  But without demand you will not survive long.  Like I said earlier it's a double-sided coin.

If there's demand, not just a will but also means to buy something, there is capital. Demand is key. Wealth is optional.

So you are saying that if the average person has enough money he will invest it himself?
sr. member
Activity: 378
Merit: 250
December 29, 2011, 04:33:17 AM
#39
That's not strictly true, either.  You have to have capital (wealth) to start a business.  But without demand you will not survive long.  Like I said earlier it's a double-sided coin.

If there's demand, not just a will but also means to buy something, there is capital. Demand is key. Wealth is optional.
newbie
Activity: 42
Merit: 0
December 29, 2011, 01:46:02 AM
#38
I think the article really does not highlight the fact that the middle class must have expendable income, and rather just makes statements without good evidence. however, he does have a point, even if it is not clear. All elastic goods will not be purchased if the average consumer cannot afford them, which is the major issue here.
hero member
Activity: 518
Merit: 500
December 28, 2011, 05:05:38 AM
#37
That's not strictly true, either.  You have to have capital (wealth) to start a business.

There is not exactly a lack of capital. US banks are literally sitting on trillions of dollars, thats not the problem. The problem is the majority of consumers are broke.

Quote
The US government survived just fine without an income tax all the way up until 1913 and since then it's just been one excuse or another to keep raising taxes.  Taking a third of a working person's income seems much much too high in my perspective, especially with the sorts of things I see it spent on (undeclared wars overseas, corporate subsidies, fat wasteful defense contracts, inefficient welfare programs, etc.).  

Whether a third is too much or not you can debate, what really matters is what you get for your tax dollars. I actually dont mind paying over a third (in fact I pay about 50%) since I get a lot back for it. Decent infrastructure and public transport, excellent and virtually free healthcare, top notch and virtually free education and a social security system thats good enough to give me peace of mind even in difficult times. If I were to pay all that out of my own pocket Id likely end up paying more for less.

But if people want less of that for less taxes, thats fine. As I see it the major problem in the US is the political system that legalizes corporate bribery. As a result you have a government thats not working in the people's interest, but for special interests and your tax dollars are wasted and further enrich the rich. I can understand that breeds hate for government, but  IMO the solution to that is not so much shrinking the government as fixing campaign financing and "lobbying". If one day you again have a government that is by and for the people, perhaps you may be less inclined to want to abolish it and end up with a Somalia style government-"free" country.
sr. member
Activity: 336
Merit: 250
December 28, 2011, 04:49:08 AM
#36
So you propose taxing the rich and what?  Giving the money to the poorer people to spend?  Using it on infrastructure?  Government creating jobs?

Or pay down the debt, or lower taxes on the other 99%. Its not up to me to say how US taxpayers money should be spent, whether its on a functional healthcare system, infrastructure, education or something else, but from an economic POV its madness to have an upper 1% who own nearly 40% of the wealth and effectively tax them at lower rates than the bottom 99%. Wealth doesnt create jobs, demand does.

That's not strictly true, either.  You have to have capital (wealth) to start a business.  But without demand you will not survive long.  Like I said earlier it's a double-sided coin.  I would like to see taxes lowered on everyone and I'd rather see spending lowered then taxes raised.  The US government survived just fine without an income tax all the way up until 1913 and since then it's just been one excuse or another to keep raising taxes.  Taking a third of a working person's income seems much much too high in my perspective, especially with the sorts of things I see it spent on (undeclared wars overseas, corporate subsidies, fat wasteful defense contracts, inefficient welfare programs, etc.). 
hero member
Activity: 518
Merit: 500
December 28, 2011, 04:42:45 AM
#35
So you propose taxing the rich and what?  Giving the money to the poorer people to spend?  Using it on infrastructure?  Government creating jobs?

Or pay down the debt, or lower taxes on the other 99%. Its not up to me to say how US taxpayers money should be spent, whether its on a functional healthcare system, infrastructure, education or something else, but from an economic POV its madness to have an upper 1% who own nearly 40% of the wealth and effectively tax them at lower rates than the bottom 99%. Wealth doesnt create jobs, demand does.
sr. member
Activity: 336
Merit: 250
December 28, 2011, 04:35:07 AM
#34
People have been maintaining living standard despite falling (relative) wages by increasingly getting in to debt for almost a generation.

But why?  Are they simply unaware that their relative wages are falling?  Are loans to easy to get,

All of the above I suppose. There used to be a time were people bought their cars and often even houses with money they had saved. Today thats impossible for the majority of people. There used to be a time when you didnt get 29 credit cards in your mailbox without even asking. When you didnt need loans to get through college. Where households got around nicely with just one income.  Ask your parents or grand parents, they might remember.

Quote
should they be harder to get?  Is it a matter of educating a culture of savings?

Perhaps, but the real solution can only be to increase wages. The current wealth inequality is back to the levels from just before the great depression:


Fixing that by at least taxing the rich IMO is not a matter of fairness, its a matter of economic common sense.

So you propose taxing the rich and what?  Giving the money to the poorer people to spend?  Using it on infrastructure?  Government creating jobs?
sr. member
Activity: 385
Merit: 250
December 27, 2011, 05:23:40 AM
#33
The people create jobs, not government.

The government kills job making ability of the people by creating restrictive laws, restrictive enviromental legislation, and ratification of restricting treaties.

The government used to get their money for projects and services from mainly trade tarrifs.

They are now gone and we have WTO, NAFTA, and GATT which effectively killed our manufacturing infrastructure and domestic markets.

Gone also are the farmers who once supplied this nation with food.

You can thank your representatives and the people who keep voting them into office.

Make illegal and treasonous, under penalty of death, any lobbying of our representatives or 3rd party political advertising or donations offered or accepted and you have fixed the majority of the problems. Then vote in sane legislators who will work for us because they have no one else to work for.

Now, the govenrment is so big and so many rely on it instead of themselves, that I dont see any meaningful change coming anytime soon. The masses feel entitled whether by ideology, greed, or just plain and simple need for survival.

It all boils down to us, The People. Its our own fault for our apathy and disinterest, allowing our employees to take over and tell us, their employers, what to do and how to do it, so dont expect us to bite off the hand feeding us any time soon.

hero member
Activity: 518
Merit: 500
December 27, 2011, 04:48:04 AM
#32
People have been maintaining living standard despite falling (relative) wages by increasingly getting in to debt for almost a generation.

But why?  Are they simply unaware that their relative wages are falling?  Are loans to easy to get,

All of the above I suppose. There used to be a time were people bought their cars and often even houses with money they had saved. Today thats impossible for the majority of people. There used to be a time when you didnt get 29 credit cards in your mailbox without even asking. When you didnt need loans to get through college. Where households got around nicely with just one income.  Ask your parents or grand parents, they might remember.

Quote
should they be harder to get?  Is it a matter of educating a culture of savings?

Perhaps, but the real solution can only be to increase wages. The current wealth inequality is back to the levels from just before the great depression:


Fixing that by at least taxing the rich IMO is not a matter of fairness, its a matter of economic common sense.
sr. member
Activity: 336
Merit: 250
December 26, 2011, 10:33:19 PM
#31
People have been maintaining living standard despite falling (relative) wages by increasingly getting in to debt for almost a generation.

But why?  Are they simply unaware that their relative wages are falling?  Are loans to easy to get, should they be harder to get?  Is it a matter of educating a culture of savings?
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