mnbasketball
Member
- Mar 4, 2011
- 474
- 37
- 16
Now it's said that corp's and individual business owners have something 2.3 trillion sitting on the side doing nothing. Now if they needed more employees wouldn't you think they would have hired them? They make it sound like tax cuts means that MORE people will be hired because now they have more money.
But isn't the truth more like as a business, whom has plenty of excess money, get's to keep more money they will first and foremost spend to retain. So now we have given these corp money to use, which we are being told will some how mean more jobs, but being a person who have dealt with a fortune 500 company I can tell you they didn't hire people they didn't have a need for and they didn't hire people to make others work easier for them.
But what they do is use extra money to entice people to stay or to replace people who aren't getting what done they think they should by hiring someone from another company and firing the other guy.
So tax cuts will do three things as I see it, #1 being increase pay at the top positions, #2 entice people to work for you #3 increase profits to the bottom line.
But as far as hiring for the sake of having another body, I don't see it happening without increased production need of a product. JMH OBSEVATION.
But isn't the truth more like as a business, whom has plenty of excess money, get's to keep more money they will first and foremost spend to retain. So now we have given these corp money to use, which we are being told will some how mean more jobs, but being a person who have dealt with a fortune 500 company I can tell you they didn't hire people they didn't have a need for and they didn't hire people to make others work easier for them.
But what they do is use extra money to entice people to stay or to replace people who aren't getting what done they think they should by hiring someone from another company and firing the other guy.
So tax cuts will do three things as I see it, #1 being increase pay at the top positions, #2 entice people to work for you #3 increase profits to the bottom line.
But as far as hiring for the sake of having another body, I don't see it happening without increased production need of a product. JMH OBSEVATION.