Don t Let Anybody Tell You That Businesses Create Jobs

[boedicca]

Well that explains a lot ... Better luck next time or accept the fact you must suck at it.

I made $26.5M last year 'sucking at it.'

How's the weather in Zimbabwe these days?

 

[The Rabbi]

Well that explains a lot ... Better luck next time or accept the fact you must suck at it.

I made $26.5M last year 'sucking at it.'

How's the weather in Zimbabwe these days?

Maybe 1% is really Donald Trump looking for an apprentice on this site

 

[boedicca]

Well that explains a lot ... Better luck next time or accept the fact you must suck at it.

I made $26.5M last year 'sucking at it.'

How's the weather in Zimbabwe these days?

Maybe 1% is really Donald Trump looking for an apprentice on this site

The Donald would have said $Bs.....

 

[OnePercenter]

Demand comes from people with jobs. So once again you claim that jobs create jobs. Take another ride on the OnePercenter wheel of circular logic.

Demand comes from people with money to purchase a product or service.

 

[The Rabbi]

Demand comes from people with jobs. So once again you claim that jobs create jobs. Take another ride on the OnePercenter wheel of circular logic.

Demand comes from people with money to purchase a product or service.

No axtually it doesnt.

 

[OnePercenter]

I have already outlined several times some of the other factors that have to be considered before the decision to hire is made: costs such as the cost of additional space for more workers, the cost of additional tools or machinery for the additional workers to use, cost of benefits for additional workers, cost of increased utilization of sanitary facilities by additional workers, costs to certify or train additional workers, cost of additional management to manage additional workers, risk associated with bringing on new workers, etc etc etc. Demand is definitively not the only factor that has to be considered before a person makes the decision to hire another.

Here is a readily available example of when demand can go rampant without necessitating the creation of more jobs: software. Once the software is published it could be sold to every person on the planet without necessarily requiring a single additional job. After the initial development costs, the cost to produce additional units is incredibly small (or zero).

The same can be closely replicated in a highly automated manufacturing environment that creates relatively inexpensive products. Once you have workers to monitor the machinery, running the machines with light utilization saves energy costs, and production can be ramped up to meet additional demand with nearly only increased energy and raw materials costs. No new jobs required.

This clearly shows that demand is only one factor of many that is considered in the job creation process.

All are secondary to demand creating jobs, which is first, which is always first.

 

[OnePercenter]

I applaud your effort ... But why waste your time on the obvious?

You are trying to explain how demand for a product does not provide for property, equipment, raw materials or proprietary knowledge. The fact most liberals want to argue all that is necessary for a product to be produced is for employees to show up and work ... Is probably why they are employees instead of employers.

Let them try to explain how consumer demand made Gary Dahl tons of money with the Pet Rock.

Marketing.

 

[OnePercenter]

Zeke does not know business.

Volume does not equal profit, profit does not equal volume.

It all depends on your business model and how you choose to work it. It may or may not include overtime, hiring more people, there is upgrading equipment and so on.

It is not black and white, it may or may not raise prices, many companies have increased margins and cut production. Thousands of choices.

I know of a company in my same line of work, is happy at current levels, holds higher prices and is working at higher profit margins. We are wanting a bigger market share, so our prices are lower than theirs.

It is really about, what the business is about.

The other side of the coin is that my prices are higher and I hold a larger market share than my lower priced competitor through education of my customers. This leads to higher demand of my product and service which leads to hiring more employees.

 

[boedicca]

Demand comes from people with jobs. So once again you claim that jobs create jobs. Take another ride on the OnePercenter wheel of circular logic.

Demand comes from people with money to purchase a product or service.

No it doesn't. Demand comes from people's needs and wants. The price at which that demand is fulfilled is a function of supply that is available at a desired price point.

 

[OnePercenter]

Are you getting your ass beaten like screen door in a huricane again?
You said employers hire people. Hiring people is creating a job. And it is not demand that does that. It is employers. And the employers are not seeing demand. They are anticipating demand.
You get caught up because you are a poseur. You have no business experience and no education. No point pretending. Your posts reveal all.

Not in the least. Hiring to fill demand isn't creating.

When a company supposed to hire someone exactly, if not to fill a position that meets with a growing demand? Please tell me you posted that before giving it any real serious thought.

Creating was caused by demand. Hiring is to fill a position caused by demand.

 

[boedicca]

Are you getting your ass beaten like screen door in a huricane again?
You said employers hire people. Hiring people is creating a job. And it is not demand that does that. It is employers. And the employers are not seeing demand. They are anticipating demand.
You get caught up because you are a poseur. You have no business experience and no education. No point pretending. Your posts reveal all.

Not in the least. Hiring to fill demand isn't creating.

When a company supposed to hire someone exactly, if not to fill a position that meets with a growing demand? Please tell me you posted that before giving it any real serious thought.

Creating was caused by demand. Hiring is to fill a position caused by demand.

Both are caused by capital seeking a return on investment by providing supply to satisfy demand at a profit.

 

[OnePercenter]

No it doesn't. Demand comes from people's needs and wants. The price at which that demand is fulfilled is a function of supply that is available at a desired price point.

For which they spend their money on said product.

 

[boedicca]

No it doesn't. Demand comes from people's needs and wants. The price at which that demand is fulfilled is a function of supply that is available at a desired price point.

For which they spend their money on said product.

No. Demand is just a desire for something. It creates nothing. The Creator is someone else who sees an opportunity to develop the supply and is willing to risk his capital and time in doing so.

 

[OnePercenter]

Both are caused by capital seeking a return on investment by providing supply to satisfy demand at a profit.

Capital ONLY creates a platform.

 

[boedicca]

Both are caused by capital seeking a return on investment by providing supply to satisfy demand at a profit.

Capital ONLY creates a platform.

B'loney.

 

[OnePercenter]

No. Demand is just a desire for something. It creates nothing. The Creator is someone else who sees an opportunity to develop the supply and is willing to risk his capital and time in doing so.

In business, demand is from buyers of product or services. Capital ONLY provides a platform.

 

[RKMBrown]

Clintonomics - a hybrid of the free-market principals of Reaganomics with a monetary policy that doesn't starve the middle class with austerity - grew more jobs than any president since the height of the liberal postwar years (1945-75).

The OP's clip was taken out of context. Clinton was referring to the fact that tax cuts for corporations do not translate into American jobs, rather, it only gave corporations more lobbying funds to manipulate congress to create the legal/regulatory conditions for shifting production to China so that our corporations could take advantage of sweatshop labor costs.

When did the rightwing message machine become Trotskyite? They now take everything out of context and put into a terminal propaganda loop.

The Clintons favor middle-out economics. They believe that a strong, well paid middle class grows the economy better than an economy based on giving corporations the lowest possible labor costs, which labor costs are found in Communist China.

Turn off Talk Radio.

Nonsense. The internet bubble had NOTHING TO DO WITH CLINTON.

Then who was responsible?

Clearly the people involved in the generation of the tech (networking engineers, investors that wanted to move data between colleges and between military facilities), followed by the inventors that used the tech to build it into a consumer friendly product (yahoo, mozilla, etc.), then the pretty ladies that provided their photos -)), then the investors and people that built on top of all that (amazon, google, and a million other web sites)... The bubble popped because that's what bubbles do. The internet quickly became a way for everyone to replace their dial up bulletin board systems of the late 70s and early 80s. Instead of logging into each bbs one at a time you could connect to a network of bbs like places that were all sharing a set of common protocols like html. These protocols were not new, rather they were selected from stuff that was already being used by tech companies.

FYI html wasn't the first protocol people were using on the internet network. We started out using file sharing protocol tools like gopher to exchange pictures, err important business documents

 

[boedicca]

No. Demand is just a desire for something. It creates nothing. The Creator is someone else who sees an opportunity to develop the supply and is willing to risk his capital and time in doing so.

In business, demand is from buyers of product or services. Capital ONLY provides a platform.

Repeating yourself doesn't somehow transform your bogosity into something correct.

 

[bripat9643]

Are you getting your ass beaten like screen door in a huricane again?
You said employers hire people. Hiring people is creating a job. And it is not demand that does that. It is employers. And the employers are not seeing demand. They are anticipating demand.
You get caught up because you are a poseur. You have no business experience and no education. No point pretending. Your posts reveal all.

Not in the least. Hiring to fill demand isn't creating.

When a company supposed to hire someone exactly, if not to fill a position that meets with a growing demand? Please tell me you posted that before giving it any real serious thought.

Creating was caused by demand. Hiring is to fill a position caused by demand.

That's similar to the theory that rain creates umbrellas. It's absurd on its face.

 

[OnePercenter]

B'loney.

Explain how your capital would purchase your own product or service?