Don t Let Anybody Tell You That Businesses Create Jobs

[francoHFW]

BS makes Pubworld go around...meanwhile, the nonrich and the country go to hell while the hater dupes' heroes laugh all the way to the bank. Functional idiots.

The Demise of the American Middle Class In Numbers.

Over the past 60 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg image
2 – Congratulations to Emmanuel Saez The White House
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis BEA
4 = http://www.prudentbear.com/index.php/household-sector-debt-of-gdp
4 = FRB Z.1 Release--Financial Accounts of the United States--September 18 2014
5/6 = Wealth And Inequality In America - Business Insider

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts

 

[OnePercenter]

And businesses owned and operated by one person?

And the business has one employee. Why would anyone do that?

If you think that's what business owners do, you have no idea.

Do what?

Actually you've proven you don't have a ******* clue.

Bloviating

There are many business owners on this site.

The fact that they are here is because they have employees to do all of the work.

We all know you are talking out of your ass.

Bloviating

You never took a business course, much less started a business. And I doubt you ever worked for one either.

I hold a Masters of Business from Columbia.

I started one business when I was 20, and purchased a second, selling both 20 years later for tens of millions profit.

The last time I worked for someone was in 1974 when I was in high school.

 

[Antares]

We'll do it again next Tuesday, were you going to try and stop any of us?

I don't have any intention of stopping you. I want to say thank you for voting Republican so I can pay less effective tax than you and deduct my private jet, property, and my entire lifestyle.

What you need to understand that by not voting Democrat is that you've screwed yourself, your family, your Kids, your Grand Kids, and your neighbors.

Don't you feel proud?

Of course, they want to take more from me so that can give more to me. (rolling eyes)

You bet I "feel" proud, unlike the Left I can think for myself, take care of myself and my family.

People who have money, big money don't talk about it kid....but carry on mr internet millionaire

 

[Antares]

I hope this thread goes on till the 2016 election. She is never going to live this down. I will hound her ass on twitter then like I have today. Throw in the towel now, Hills.

You ain't weazling out of this one.

Yes, we know, 45% of AmeriKans are slow and can't use reason, logic or honesty. Thanks for pointing it out, again

That explains why they vote Democrat.

 

[emilynghiem]

Your "prove me wrong" schtick is silly since all you've given us is your opinion.

And yet you can't refute anything I've posted.

You've never owned a business, that much is obvious.

I've owned two which I sold for tens of millions.

I currently own a company that will gross $100M this year.

OK so if the employees own the business do you give them all the $100M?
And count yourself as an equal with your other employees?

Could they run and build the business without you?

 

[Antares]

And businesses owned and operated by one person?

And the business has one employee. Why would anyone do that?

If you think that's what business owners do, you have no idea.

Do what?

Actually you've proven you don't have a ******* clue.

Bloviating

There are many business owners on this site.

The fact that they are here is because they have employees to do all of the work.

We all know you are talking out of your ass.

Bloviating

You never took a business course, much less started a business. And I doubt you ever worked for one either.

I hold a Masters of Business from Columbia.

I started one business when I was 20, and purchased a second, selling both 20 years later for tens of millions profit.

The last time I worked for someone was in 1974 when I was in high school.

Of course you did, may I touch your coat tail?

 

[Dad2three]

Yeah, she really doesn't share her husband's gift of nuance. She was trying too hard to appeal to her "you didn't build that"/"you didn't earn that" base, and then found out that she went too far, she got too MSNBC-rabid.

These folks think they can spit in the face of employers whenever they feel like it. We'll see, I guess.

.

Since this seems to be a recurring theme for you, I have to ask you if you ever saw the entire "you didn't build that' speech. Context is important and of course Fox News is quite adept at eliminating it.

I did. Many times.

And Fox News is essentially unwatchable for me.

.

Fox News is unwatchable for you?

What an idiot.

I hold my nose and read/watch as many sources as possible. Always have. And the overwhelming majority of those sources have a stinking liberal bias. Since Fox is one of the few outlets (as biased as they are) that IS NOT the ******* corrupt liberal media..........no wonder your analysis is faulty half the time.

Yeah, you manage to get the obvious right. But saying you're just a little bit smarter than most of these idiot far left libs isn't saying much.

Thanks for outing yourself there about your analytical abilities, Macky.

Is the Weekly Reader part of your news gathering regimen too?

Dude, my predictive abilities are legendary. Don't you worry about what my sources are.

 

[Antares]

Your "prove me wrong" schtick is silly since all you've given us is your opinion.

And yet you can't refute anything I've posted.

You've never owned a business, that much is obvious.

I've owned two which I sold for tens of millions.

I currently own a company that will gross $100M this year.

OK so if the employees own the business do you give them all the $100M?
And count yourself as an equal with your other employees?

Could they run and build the business without you?

I'm starting to think it's a JoeB sock.

 

[Dad2three]

.

This thread provides a perfect example of how so many on the Left have virtually no understanding of the psychology of business.

If it's not in a book, it must not exist.

Oh look, there's more customers, I'd better hire more people, I'd better add to my infrastructure, before they walk out the door.

Holy crap.

This is also the kind of simplistic, non-real world business thinking in which the administration engages, and here we are.

.

Having had zero experiencing starting or growing a business they have no idea how it works. They think some guy suddenly has people texting him to buy X and all he has to do is go in buisness producing or selling X. They honeslty do not know. And yes, that includes everyone in this administration, the most ignorant in history.

500+ posts and the Leftists here are still trying to provide cover for Hillary's stupid comment. Even Hillary is backing away from her statement.

Yeah, she really doesn't share her husband's gift of nuance. She was trying too hard to appeal to her "you didn't build that"/"you didn't earn that" base, and then found out that she went too far, she got too MSNBC-rabid.

These folks think they can spit in the face of employers whenever they feel like it. We'll see, I guess.

.

That they such things isn't what bothers me. It's the fact that large numbers of people are stupid enough to vote for these reptiles that I find appalling.

 

[Dad2three]

.

This thread provides a perfect example of how so many on the Left have virtually no understanding of the psychology of business.

If it's not in a book, it must not exist.

Oh look, there's more customers, I'd better hire more people, I'd better add to my infrastructure, before they walk out the door.

Holy crap.

This is also the kind of simplistic, non-real world business thinking in which the administration engages, and here we are.

.

Having had zero experiencing starting or growing a business they have no idea how it works. They think some guy suddenly has people texting him to buy X and all he has to do is go in buisness producing or selling X. They honeslty do not know. And yes, that includes everyone in this administration, the most ignorant in history.

500+ posts and the Leftists here are still trying to provide cover for Hillary's stupid comment. Even Hillary is backing away from her statement.

Yeah, she really doesn't share her husband's gift of nuance. She was trying too hard to appeal to her "you didn't build that"/"you didn't earn that" base, and then found out that she went too far, she got too MSNBC-rabid.

These folks think they can spit in the face of employers whenever they feel like it. We'll see, I guess.

.

That they such things isn't what bothers me. It's the fact that large numbers of people are stupid enough to vote for these reptiles that I find appalling.

Sorta disgusts me to realize the idiots we live among.

We had to have Obama because it was "time for a (half)black President, common sense be damned."

Now we are expected to just accept that Hillary is the next POTUS"because it is time for a woman President, common sense be damned".

Don't remember the fall of 2008 when the economy tanked 9%+ and we were losing 700,000+ jobs a month after 8 years of Dubya/GOP 'job creator' policies?

NOT that the black guy was better than McSame? Prez Mittens thanks you for the support too

 

[Dad2three]

Having had zero experiencing starting or growing a business they have no idea how it works. They think some guy suddenly has people texting him to buy X and all he has to do is go in buisness producing or selling X. They honeslty do not know. And yes, that includes everyone in this administration, the most ignorant in history.

500+ posts and the Leftists here are still trying to provide cover for Hillary's stupid comment. Even Hillary is backing away from her statement.

Yeah, she really doesn't share her husband's gift of nuance. She was trying too hard to appeal to her "you didn't build that"/"you didn't earn that" base, and then found out that she went too far, she got too MSNBC-rabid.

These folks think they can spit in the face of employers whenever they feel like it. We'll see, I guess.

.

That they such things isn't what bothers me. It's the fact that large numbers of people are stupid enough to vote for these reptiles that I find appalling.

Maybe that's a good question to consider.

Voters have a choice. Why do they currently vote for Democrats?

And what is the GOP going to do to change that, specifically, in 2016?

.

the dems control most of the media, many voters are ignorant and accept media bias as fact.

Really? 6 Corps control 90%+ of the US media, and the Dems have them huh? lol

 

[emilynghiem]

We'll do it again next Tuesday, were you going to try and stop any of us?

I don't have any intention of stopping you. I want to say thank you for voting Republican so I can pay less effective tax than you and deduct my private jet, property, and my entire lifestyle.

What you need to understand that by not voting Democrat is that you've screwed yourself, your family, your Kids, your Grand Kids, and your neighbors.

Don't you feel proud?

Hey Great, OnePercenter! If you are a fellow Democrat I have a business plan to share with you that I DO believe can train employees to manage and run it themselves.

[They still need to rotate out having a head Manager in charge of the others,
but that position can be rotated out to keep training new people at all levels of
management to be sustainable and replicate the campus plan in every community seeking to be financially and legally independent as its own entity]:

* Original campus plan designed to reform public housing
into sustainable programs to get families off welfare: http www.houstonprogressive.org
NOTE: this plan was signed into Federal Law under HOPE VI with
subgrant agreements and plans co-signed by Congresswoman Sheila Jackson Lee (D)
She needs help to save this national historic district so I offered to develop
the community plans as a training site for minority leaders in govt reform and restitution to taxpayers
(due to the sad history of destruction of national landmarks at taxpayer expense, under Democrat leadership.)

* Here's the Vet Housing plan for Freedmen's Town combining the campus plans with proposed jobs and housing for Veterans:
Freedmen s Town Historic Churches and Vet Housing

* Here's how I would replicate the model to build sustainable community development along the border for security:
Earned Amnesty

OnePercenter since you have the grassroots Democrat point of view
that the govt = the people, and it is in a Democrat District under SJ Lee (D),
and my other friends I've asked to look at these plans have the Conservative
Republican viewpoint that you need stronger leadership that understands business,

are you willing to consider these plans and create an online reality series
and show how your viewpoint still works UNDER the other viewpoint that
the business owners and leaders are still head of the plans and organization.

That who is in charge determines how the workers succeed or fail.

So YES the team is needed, and workers make the company work.
But they can't automatically do their job without the business
set up right to begin with and managed with the right ethics and principles from the
owners and managers.

Please consider these plans.

I think it takes BOTH management styles to work TOGETHER
and THAT'S what's missing from GOVT. It's not either or.

We need good leadership and ownership and we need good teamwork by employees.
BOTH, not either/or or one without the other.

 

[emilynghiem]

I hold a Masters of Business from Columbia.

I started one business when I was 20, and purchased a second, selling both 20 years later for tens of millions profit.

The last time I worked for someone was in 1974 when I was in high school.

OK OnePercenter: And when you sold them for tens of millions of profit
did you split that evenly with all the workers you say built and ran your company?

 

[Wyld Kard]

 

[dilloduck]

Hillary is apparently telling Americans that low employment is their fault. We haven't demanded enough goods and services. I feel ashamed.

Those that voted Republican in the last 40 years are the problem.

No they're not----Americans need to just get out there and spend spend spend.

 

[DrDoomNGloom]

Well according to democrats and Alinskycrats, Businesses are simply cash cows to be harvested from time to time .................. you have to feed them, and give them infrastructure for them to be successful ............ but even though they don't "need" the POS's , God forbid one of the flock comes to rest on another shore with corporate offices in tow .................

They always remind me of the proverbial "cutting the nose off to spite the face" ........................
So tell me how all you non tax paying leeches will continue to survive if there were no business and no more jobs??

 

[The Rabbi]

I hold a Masters of Business from Columbia.

I started one business when I was 20, and purchased a second, selling both 20 years later for tens of millions profit.

The last time I worked for someone was in 1974 when I was in high school.

Bullshit
Bullshit
Bullshit

 

[dilloduck]

According to the Hillary theory of economics, what creates jobs ?

 

[Oldstyle]

I hold a Masters of Business from Columbia.

I started one business when I was 20, and purchased a second, selling both 20 years later for tens of millions profit.

The last time I worked for someone was in 1974 when I was in high school.

OK OnePercenter: And when you sold them for tens of millions of profit
did you split that evenly with all the workers you say built and ran your company?

No...but he does take them anywhere they want to go on his "private plane"!

At this point does anyone here buy the bullshit that 1%er is putting out? He obviously has the business IQ of someone working the fry station at Mickey D's but he's buying and selling 100 million dollar corporations when he's not here on the US MessageBoard? C'mon...

 

[dilloduck]

I hold a Masters of Business from Columbia.

I started one business when I was 20, and purchased a second, selling both 20 years later for tens of millions profit.

The last time I worked for someone was in 1974 when I was in high school.

OK OnePercenter: And when you sold them for tens of millions of profit
did you split that evenly with all the workers you say built and ran your company?

No...but he does take them anywhere they want to go on his "private plane"!

At this point does anyone here buy the bullshit that 1%er is putting out? He obviously has the business IQ of someone working the fry station at Mickey D's but he's buying and selling 100 million dollar corporations when he's not here on the US MessageBoard? C'mon...

Shhhhhh if we're really quiet maybe he will tell us what it is that really creates jobs.