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What would the unemployment rate be today?
How much in campaign fund losses would Obama suffer from corporate interests and unions?
Let's keep handing out those pell grants so these OWSers learn some economics.
I assume you mean "if" not "id." Might want to get a mod to edit the title.
What would the unemployment rate be today?
About the same. The idea that rich people are "job creators" is a myth.
How much in campaign fund losses would Obama suffer from corporate interests and unions?
From corporate interests, it depends on how robotic the corporate machinery is. There would be no reason for corporations to hand out cash to politicians, since those on whose behalf they do it would be mysteriously gone, but that might not stop them.
From unions, not a penny.
Let's keep handing out those pell grants so these OWSers learn some economics.
What Pell grants?
I approve of people learning economics, as long as they learn real economics and not the right-wing ideology that is often confused for it.
No real difference right now, they are sitting on their money or hiding it overseas, as far as the US economy is concerned it might as well not exist. However the disappearance of their monopolies and non competitive practices would probably be a net benefit.
I assume you mean "if" not "id." Might want to get a mod to edit the title.
What would the unemployment rate be today?
About the same. The idea that rich people are "job creators" is a myth.
What would the unemployment rate be today?
How much in campaign fund losses would Obama suffer from corporate interests and unions?
Let's keep handing out those pell grants so these OWSers learn some economics.
Yeah... because of all those corporations, companies, businesses, firms, etc that are owned and run by the poor
Yeah... because of all those corporations, companies, businesses, firms, etc that are owned and run by the poor
Because those who own the corporations, companies, businesses, firms, etc. are not the ones who create jobs. They're just the ones who (at the moment) OWN the jobs. Consumers create jobs. If the rich disappeared, the jobs would still exist, they would just have new owners.
Yes... they are... to have the investment to pay, hire, provide resources, etc.... whether it be directly thru ownership or investment into the corporate structure
Yes... they are... to have the investment to pay, hire, provide resources, etc.... whether it be directly thru ownership or investment into the corporate structure
No, they are not. Here's how I know this.
An investor has X amount of money to invest. Demand is Y, which justifies the investment of X/10 to expand business.
Double X, and no new jobs are created because there will be no demand to justify it.
Cut X in half, and no new jobs are created because there will be no demand to justify it.
Double Y, and another X/10 will be invested to create jobs.
Double Y AND cut X in half, and another X/10 will be invested to create jobs.
Consumers are the ones who create jobs, because consumer demand is the variable that matters. There is always excess capital accumulated, so capital is something we can take for granted. In fact, if all of the rich disappeared, capital would still be available in the money they leave behind, and in the banks and in tangible liquid assets such as stocks.
The rich do not create jobs.
No... for the job to come into being, it is not simple demand that makes it poof into existence... for unless there is investment in resources, capital, etc BEFORE the demand can be met, there IS NO FUCKING JOB
And no... you cannot assume that if the rich 'disappear', that all there resources are left behind.