What creates jobs?

Discussion in 'Economy' started by Nosmo King, Apr 4, 2012.

  1. Nosmo King
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    Nosmo King Gold Member

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    There are some who think that coddling the rich will create jobs. That if those very rich had just a few more advantages, they would open their considerable purses and let the wealth flow like manna from heaven.

    Do tax cuts create the opportunity for job growth? Does someone summering in the Hamptons glance at his 1040 and sudden decide to open a factory because his marginal rate has been cut from 39% to 35%?

    No.

    Demand creates jobs. Customers with cash in their hands clamoring for the goods produced creates jobs. It creates economic expansion and thus job growth.

    Should more money be concentrated among the very wealthy or should more consumers enjoy tax relief and therefore more disposable income?
     
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  2. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Are rich people not consumers? I have to assume the person summering in the Hamptons is spending money.
     
  3. Oddball
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    Oddball BANNED Supporting Member

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    Guys who create things other people want to buy create jobs.

    You can demand all you want but if there's nobody there to produce, all your demand isn't worth a popcorn fart.
     
  4. High_Gravity
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    High_Gravity Belligerent Drunk Supporting Member

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    Pussy.
     
  5. Nosmo King
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    Nosmo King Gold Member

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    How many rich are there compared to the numbers in the middle class and lower middle class? Could there be more poorer consumers than the very few who hold wealth?
     
  6. Nosmo King
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    Nosmo King Gold Member

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    The only way to attain economic growth is by making sure there are enough consumers with disposable income. No rich guy is going to open a factory unless there is demand for his goods.
     
  7. TakeAStepBack
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    TakeAStepBack Gold Member

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    Envy is most unbecoming.
     
  8. OohPooPahDoo
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    OohPooPahDoo Gold Member

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    a:
    DEMAND


    The market hardly cares if a company worth 1 billion is owned by one billionaire or 10,000 people with $100,000 investments
     
  9. westwall
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    westwall USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Oh, I agree with our pols....I say put EVERYONE on welfare. That will get everyone employed for sure!
     
  10. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Of course, but you made a distinction between rich people and consumers and then used an example of some rich person spending their summer in the Hamptons as if that was a bad thing. Though I do agree with your conclusion that we need tax relief for consumers, I simply apply that to all consumers alike. Rich, poor, middle class, and everyone else.
     

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