Don t Let Anybody Tell You That Businesses Create Jobs

[bripat9643]

He actually agreed that rain creates umbrellas.

Rain creates the need for umbrellas. Consumer spending creates the need for employment.

Where does the money consumers spend come from?

You never have answered that question.

 

[bripat9643]

One thing is certain: logic is not one of your capabilities.

Now explain, why should every investor get "greedy" at the same time?

Every? No even close.

Then the majority of them.

 

[bripat9643]

If you start what? The company springs up spontaneously from the demand right? Isn't that what you've been saying this whole time? That the jobs are spontaneously created by demand?

How could anyone ever be late in that case?

Corporate immaculate conception? That's funny!

It's your theory, numbnuts.

 

[Yarddog]

Higher prices cause greater demand? You're putting the cart before the horse, son. Higher prices have exactly the opposite effect.

Higher prices cause greater demand if you can show quality.

Higer quality creates the demand that allows you to charge higher prices. yjay seems more logical

 

[Yarddog]

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

Rain and other factors created the demand for umbrellas.

I knew you would claim that theory was true. It's so wrong it's moronic.

Yep and wind created the demand for wind breakers, lol

 

[Yarddog]

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

Rain and other factors created the demand for umbrellas.

I knew you would claim that theory was true. It's so wrong it's moronic.

what created the demand for cabbage patch dolls? I wonder, or the darned beanie babies

 

[OnePercenter]

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

Rain and other factors created the demand for umbrellas.

I knew you would claim that theory was true. It's so wrong it's moronic.

what created the demand for cabbage patch dolls? I wonder, or the darned beanie babies

Marketers.

 

[The Rabbi]

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

Rain and other factors created the demand for umbrellas.

I knew you would claim that theory was true. It's so wrong it's moronic.

what created the demand for cabbage patch dolls? I wonder, or the darned beanie babies

Marketers.

And they work for free, right?

 

[BluesLegend]

One percenter Al Gore was on Lars Larson's show the other day,. After Gore ranted on about how the rich are greedy bastards who won't share Lars asked Gore why he doesn't just cut a check to the government. Gore lost it and started ranting that there is no law forcing him to give more money to the government. That tells you just how phony these liberals are.

 

[The Rabbi]

One percenter Al Gore was on Lars Larson's show the other day,. After Gore ranted on about how the rich are greedy bastards who won't share Lars asked Gore why he doesn't just cut a check to the government. Gore lost it and started ranting that there is no law forcing him to give more money to the government. That tells you just how phony these liberals are.

I didnt need that story to know it. Liberals are the biggest ******* hypocrites to walk the planet.

 

[Iceweasel]

[
And of course the first thing companies do is sell product, right? I mean, there is never any outlay for plant, material, equipment, utilities or labor first, rigth? It just all comes from sales.
OneBrainer would be a big hit in stand up comedy.

Depends if you purchase an existing company.

That's an evasion. You don't know what you are talking about. The demand for air conditioners always existed but the manufacturing of them for the right price point for consumers is what drove sales.

 

[RKMBrown]

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.

How can demand be first when only people with jobs can have any effective demand?

I'd like to know how many people Demanded Lightbulbs from Thomas Edison before he invented them.

The demand was for a better way to light up the night. The demand was strong. Oil based lamps were expensive to maintain and did not put out enough light.

People wanted light. That didn't mean they'd want a light bulb.

You do understand that light comes from a light bulb, right?

 

[RKMBrown]

How did any of those people cause millions of investors all to make the same wrong decision regarding the future price of stocks?

What stock are you referring to in which millions of investors all made the same wrong decision?

You do know that many internet stocks are rising right?

The reason for bubbles is a large number of people becoming drunk with excitement over the supposed opportunity of easy money. It's a human condition that is not something we can blame any one person for.

Wrong. The reason for all credit bubbles is the government artificially lowering interest rates below the market rate, usually by creating money. Investors are thereby led to believe that the public has a higher preference for in vestment than it really does.

The internet bubble wasn't a credit bubble it was an investment bubble. You are confusing investment bubbles like the internet bubble and the real-estate bubble that popped at the end of Bush II's term, with the current dollar bubble that has not popped yet. When the dollar pops you'll understand the difference.

 

[RKMBrown]

How did greed cause them all to make the wrong decision on whether to buy or sell?

Besides an intense and selfish desire for wealth? If you don't understand that you must be a Libertarian.

Greed is as old as creation. Why should it manifest more at some times than others?

It doesn't. You are confusing a large number of greedy people doing a similar greedy thing with the large number of greedy people doing many different things. Just because a group of people do something similar causing that thing to become more visible, does not mean the group is not greedy when they are doing different things.

For example, if every time you watch the news you see them talking about a killing, that does not mean everyone is dying, it means that killings bring on higher ratings than good news.

 

[bripat9643]

How did any of those people cause millions of investors all to make the same wrong decision regarding the future price of stocks?

What stock are you referring to in which millions of investors all made the same wrong decision?

You do know that many internet stocks are rising right?

The reason for bubbles is a large number of people becoming drunk with excitement over the supposed opportunity of easy money. It's a human condition that is not something we can blame any one person for.

Wrong. The reason for all credit bubbles is the government artificially lowering interest rates below the market rate, usually by creating money. Investors are thereby led to believe that the public has a higher preference for in vestment than it really does.

The internet bubble wasn't a credit bubble it was an investment bubble. You are confusing investment bubbles like the internet bubble and the real-estate bubble that popped at the end of Bush II's term, with the current dollar bubble that has not popped yet. When the dollar pops you'll understand the difference.

All stock market bubbles are credit bubbles. So are all real-estate bubbles. When interest rates are artificially low people put money into the stock market and real estate.

 

[RKMBrown]

How did any of those people cause millions of investors all to make the same wrong decision regarding the future price of stocks?

What stock are you referring to in which millions of investors all made the same wrong decision?

You do know that many internet stocks are rising right?

The reason for bubbles is a large number of people becoming drunk with excitement over the supposed opportunity of easy money. It's a human condition that is not something we can blame any one person for.

Wrong. The reason for all credit bubbles is the government artificially lowering interest rates below the market rate, usually by creating money. Investors are thereby led to believe that the public has a higher preference for in vestment than it really does.

The internet bubble wasn't a credit bubble it was an investment bubble. You are confusing investment bubbles like the internet bubble and the real-estate bubble that popped at the end of Bush II's term, with the current dollar bubble that has not popped yet. When the dollar pops you'll understand the difference.

All stock market bubbles are credit bubbles. So are all real-estate bubbles. When interest rates are artificially low people put money into the stock market and real estate.

Nonsense.

Humans have toes, that does not mean toes are humans.
People can buy stock without credit. People can invest in new companies without borrowing. Easy credit may be a "part" of the story, but it's not a requirement. Easy credit did not create the internet. Investors did not flock to the internet because of credit they flocked to the internet for anticipated high rates of return. Same with real-estate. Those people who had no credit, were allowed to buy because the lenders assumed the value would go up on the property, thus who cares if they make payments, they could just foreclose and resell at a profit... Well that was the theory before the bubbles started popping and the investment money went to china, resulting in a vacuum where the buyers used to be.

 

[The Rabbi]

[
And of course the first thing companies do is sell product, right? I mean, there is never any outlay for plant, material, equipment, utilities or labor first, rigth? It just all comes from sales.
OneBrainer would be a big hit in stand up comedy.

Depends if you purchase an existing company.

That's an evasion. You don't know what you are talking about. The demand for air conditioners always existed but the manufacturing of them for the right price point for consumers is what drove sales.

Even if you buy an existing company all you've done is changed ownership. There are no new jobs created.
Ford spent $1B before they ever sold their first Taurus. They had designers, engineers, marketing people, artists, writers etc etc on the project. They had to hire those people in many cases. It worked and the Taurus was a big hit. But Ford spent the money before producing the first automobile.

 

[boedicca]

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

How can demand be first when only people with jobs can have any effective demand?

I'd like to know how many people Demanded Lightbulbs from Thomas Edison before he invented them.

The demand was for a better way to light up the night. The demand was strong. Oil based lamps were expensive to maintain and did not put out enough light.

People wanted light. That didn't mean they'd want a light bulb.

You do understand that light comes from a light bulb, right?

I understand that before the light bulb was invented no consumers were demanding Light Bulbs.

 

[RKMBrown]

How can demand be first when only people with jobs can have any effective demand?

I'd like to know how many people Demanded Lightbulbs from Thomas Edison before he invented them.

The demand was for a better way to light up the night. The demand was strong. Oil based lamps were expensive to maintain and did not put out enough light.

People wanted light. That didn't mean they'd want a light bulb.

You do understand that light comes from a light bulb, right?

I understand that before the light bulb was invented no consumers were demanding Light Bulbs.

That's like saying before revolvers and machine guns no one was demanding semi-automatic and / or fully automatic weapons. ROFL.. just because they didn't have them doesn't mean the demand wasn't there.

Gas powered lights were quite prevalent at the time. Electric lights replaced the demand for gas lights and candles. Bulbs is just a new name for a glass fixture in which light is produced from something that is burning.

 

[boedicca]

Gas light is very different than electric, bub.

And even if people were demanding something that they didn't even know would exist, that doesn't mean they Created said product.