GOP jobs agenda

[Dad2three]

Here's What Obama's 'Part-Time America' Really Looks Like
The president's critics love this talking point. But since 2010, full-time jobs are up 7.6 million, and part-time jobs have declined by more than 900,000.

Here s What Obama s Part-Time America Really Looks Like - The Atlantic


The Spectacular Myth of Obama's Part-Time America—in 5 Graphs
A falsifiable claim, falsified


The first thing you would expect to see from a Part-Time America is that the number of part-time jobs added would rival the number of full-time jobs added. But in the last year, new full-time jobs outnumbered part-time jobs by 1.8 million to 8,000. For every new part-time job, we're creating 225 full-time positions.

The Spectacular Myth of Obama s Part-Time America mdash in 5 Graphs - The Atlantic

How about actually going the government site to see the real numbers and facts.
http://www.bls.gov/news.release/pdf/empsit.pdf

DOES THE FACT THAT BLS NUMBERS SHOW UNEMPLOYMENT GOING DOWN PRIVATE EMPLOYMENT IS UP, CHANGE MY POSIT? LOL

Yes

NO

Yes
The civilian labor force participation rate held at 62.8% in Nov. and has been essentially unchanged since April.

Got it, YOU are stuck on stupid


But since 2000, the labor force rate has been steadily declining as the baby-boom generation has been retiring. Because of this, the Federal Reserve Bank of Chicago expects the labor force participation rate to be lower in 2020 than it is today, regardless of how well the economy does.


The incredible shrinking labor force - The Washington Post

DUBYA LOST 1+ MILLION PRIVATE SECTOR JOBS IN 8 YEARS, OBAMA HAS 11+ MILLION SINCE 'JOB KILLER' OBAMACARES PASSED FEB 2010, A NET OF 7+ MILLION SINCE HE CAME TO OFFICE, AND HIS POLICIES ARE A FAILURE? lol

Bureau of Labor Statistics Data

 

[rdean]

Yea, Kansas is just sparkling.

Hard times revisit many this Christmas because of the lingering effects of the Great Recession The Kansas City Star

People’s ability to feed themselves and their families was worse in the South than other regions in the U.S. But families in Missouri and Kansas that struggled to get enough food exceeded the national rate. In Kansas 15.2 percent of the 1.17 million households were food insecure. In Missouri, 16.9 percent of the state’s 2.4 million households were food insecure.

Often the face of such hunger and poverty that’s presented to the public is black or brown. Although the percentage of food insecure African American and Latino families is disproportionately high, the actual number of food insecure white families at 3.2 million far exceeds those that are black, 1.7 million, and those that are Hispanic, 2.1 million, the Department of Agriculture reports.

2nd Court Slams Brownback For Underfunding Education To Expedite Kochs Tax Cuts

 

[initforme]

Brownback is going to ask the average working person to fi the problem (the way it always works) because jobs aren't being created fast enough to increase revenue... will he cut tax rollbacks for corporations? What he is doing isn't working.

"BTW. I said cutting taxes and cutting government would increase jobs. For every tick we cut from the government payroll, two private sector jobs are created."

Yes kindergarten teachers are the problem as are firemen, policemen, etc.

 

[Dad2three]

Really? lol

Because ONLY BK cities are the judgement of health of a state? Kansas ranks at the bottom of job growth, although they invoked the GOP 'supply side' policy. Go figure!!!

The unemployment rate in Kansas is 4.3%. How much lower do you think it can go?

There are only 9 states with a lower unemployment rate. So how is Kansas performing poorly on the jobs front?

Kansas unemployment rate hits five-year low, but 2013 job growth lags behind Missouri

The Brownback tax cuts became effective in January 2013.


KANSAS
(with tax cuts)

Total non-farm employment:12/12:
1,365,900

12/13:
1,375,900

One-year job growth:
10,000

One-year job growth rate:
.7 percent

Unemployment rate:12/12:
5.5 percent

12/13:
4.9 percent

MISSOURI
(without tax cuts)

Total non-farm employment12/12:
2,687,900

12/13:
2,721,800

One-year job growth:
33,900

One-year job growth rate:
1.3 percent

Unemployment rate:12/12:
6.6 percent

Kansas unemployment rate hits five-year low but 2013 job growth lags behind Missouri The Kansas City Star

• 
  Kansas unemployment rate steady, jobs data mixed
  Average wages up, hours down

Kansas unemployment rate steady jobs data mixed CJOnline.com


AND THEIR BUDGET SITUATION? DID GOP TAX CUTS DO ANYTHING BUT CUT THE REVENUES? lol

The Kansas unemployment rate today is 4.3%.

Unemployment Rates for States

End of story.

For simple minds like cons have, yep, others compare it to their neighbors economy and the budget shortfall it created!

Why would anyone compare it to its neighbors? The unemployment rate and the budget shortfall are not something you compare: apples and oranges.

BTW, none of the stuff you posted compares the Kansas economy to the economy if its neighbors, so why didn't you do what you say you should have done?

Got it, GOP/Brownbacks promises of suply siide doesn't REALLY matter in right wing world, just cherry pick things and argue they are 2 separate things, lol

Report: Kansas economic renewal lags neighbor states
Analysis focuses on employment, business growth

Kansas' recovery from a recession that crushed the state's economy is lagging in comparison to five nearby states in nearly a dozen key measures associated with employment and business expansion, a new report said Monday.

Improvements in the state's economy trails growth in 11 of 12 categories compared to activity in the six-state region of Kansas, Missouri, Colorado, Nebraska, Oklahoma and Arkansas

Report Kansas economic renewal lags neighbor states CJOnline.com

The Kansas Miracle


Will Gov. Sam Brownback’s crazy experiments and ruinous policies haunt the Republican Party?

“It’s a plan to grow our economy, it’s a plan to create private-sector jobs, it’s a plan to excel in education, it’s a plan to support our families, it’s a plan to move forward. We campaigned on the roadmap, we won on the roadmap, we will govern on the roadmap.”


Brownback didn’t just keep his promise, he embarked on a radical “real live experiment” in conservative governance. As he later explained to the Wall Street Journal, “My focus is to create a red-state model that allows the Republican ticket to say, ‘See, we’ve got a different way, and it works.’ ”

With advice from Arthur Laffer—the long-discredited guru for supply-side economics—and support from a new band of conservative lawmakers in the Kansas statehouse, the newly minted governor pursued a path of rigid orthodoxy. His signature move was a massive tax cut

This, he promised, would increase disposable income and create thousands of jobs.


In reality, however, Kansas’ job growth stagnated in 2012 and income growth fell. Far from a stimulus plan, Brownback’s tax cuts were a massive program of redistribution for the rich. According to a report from the Institute on Taxation and Economic Policy, the bottom 20 percent of Kansas taxpayers saw their tax burden increase by more than half a percent as a result of the Brownback plan, while the wealthiest Kansans saw their taxes decrease by 1 percent.


Sam Brownback rsquo s ruinous economic policies The Kansas governor rsquo s experiments may hurt the Republican Party.

 

[Dad2three]

Federal Reserve Bank San Francisco What s Behind the Increase in Part-Time Work
http://economix.blogs.nytimes.com/2013/03/08/the-rise-of-part-time-work/

Here's What Obama's 'Part-Time America' Really Looks Like
The president's critics love this talking point. But since 2010, full-time jobs are up 7.6 million, and part-time jobs have declined by more than 900,000.

Here s What Obama s Part-Time America Really Looks Like - The Atlantic


The Spectacular Myth of Obama's Part-Time America—in 5 Graphs
A falsifiable claim, falsified


The first thing you would expect to see from a Part-Time America is that the number of part-time jobs added would rival the number of full-time jobs added. But in the last year, new full-time jobs outnumbered part-time jobs by 1.8 million to 8,000. For every new part-time job, we're creating 225 full-time positions.

The Spectacular Myth of Obama s Part-Time America mdash in 5 Graphs - The Atlantic

How about actually going the government site to see the real numbers and facts.
http://www.bls.gov/news.release/pdf/empsit.pdf

bla bla bla ..

how about you go buy a 250,000 sq ft building, fill it up with a product, hire 50 people to run it, then PRAY customers come and buy from you and your business grows from there ..

SO NO, YOUR PREMISE THAT THERE ARE MORE PT WORKERS WAS BULLSHIT, THANKS

The last 40 years of conservative think tank legislation has killed the economy


Consumer Spending Will Not Save Our economy: Pay Fell 7% in Last Decade and Economists Say It Won’t Catch Up Before 2021; Even College Graduates See Salaries Slide

Americans’ incomes have dropped since 2000 and they aren’t expected to make up the lost ground before 2021, according to economists in the latest Wall Street Journal forecasting survey.

From 2000 to 2010, median income in the U.S. declined 7% after adjusting for inflation, according to Census data. That marks the worst 10-year performance in records going back to 1967.

U.S. Incomes Seen Stagnant Through 2021 - WSJ

It's the liberal think tank legislation that has killed the economy for the last 40 years.
The Democrats have controlled the Congress for 36 of the last 50 years

IS IT PREZ POLICY OR CONGRESS? MAKE UP YOUR MIND!!!

Controlled? lol

 

[bripat9643]

Yea, Kansas is just sparkling.

Hard times revisit many this Christmas because of the lingering effects of the Great Recession The Kansas City Star

People’s ability to feed themselves and their families was worse in the South than other regions in the U.S. But families in Missouri and Kansas that struggled to get enough food exceeded the national rate. In Kansas 15.2 percent of the 1.17 million households were food insecure. In Missouri, 16.9 percent of the state’s 2.4 million households were food insecure.

Often the face of such hunger and poverty that’s presented to the public is black or brown. Although the percentage of food insecure African American and Latino families is disproportionately high, the actual number of food insecure white families at 3.2 million far exceeds those that are black, 1.7 million, and those that are Hispanic, 2.1 million, the Department of Agriculture reports.

2nd Court Slams Brownback For Underfunding Education To Expedite Kochs Tax Cuts

"Food insecure?" Exactly how is that measured? It sure sounds like hard economic data. It's about as hard as the price of unicorn farts.

 

[bripat9643]

The unemployment rate in Kansas is 4.3%. How much lower do you think it can go?

There are only 9 states with a lower unemployment rate. So how is Kansas performing poorly on the jobs front?

Kansas unemployment rate hits five-year low, but 2013 job growth lags behind Missouri

The Brownback tax cuts became effective in January 2013.


KANSAS
(with tax cuts)

Total non-farm employment:12/12:
1,365,900

12/13:
1,375,900

One-year job growth:
10,000

One-year job growth rate:
.7 percent

Unemployment rate:12/12:
5.5 percent

12/13:
4.9 percent

MISSOURI
(without tax cuts)

Total non-farm employment12/12:
2,687,900

12/13:
2,721,800

One-year job growth:
33,900

One-year job growth rate:
1.3 percent

Unemployment rate:12/12:
6.6 percent

Kansas unemployment rate hits five-year low but 2013 job growth lags behind Missouri The Kansas City Star

• 
  Kansas unemployment rate steady, jobs data mixed
  Average wages up, hours down

Kansas unemployment rate steady jobs data mixed CJOnline.com


AND THEIR BUDGET SITUATION? DID GOP TAX CUTS DO ANYTHING BUT CUT THE REVENUES? lol

The Kansas unemployment rate today is 4.3%.

Unemployment Rates for States

End of story.

For simple minds like cons have, yep, others compare it to their neighbors economy and the budget shortfall it created!

Why would anyone compare it to its neighbors? The unemployment rate and the budget shortfall are not something you compare: apples and oranges.

BTW, none of the stuff you posted compares the Kansas economy to the economy if its neighbors, so why didn't you do what you say you should have done?

Got it, GOP/Brownbacks promises of suply siide doesn't REALLY matter in right wing world, just cherry pick things and argue they are 2 separate things, lol

Report: Kansas economic renewal lags neighbor states
Analysis focuses on employment, business growth

Kansas' recovery from a recession that crushed the state's economy is lagging in comparison to five nearby states in nearly a dozen key measures associated with employment and business expansion, a new report said Monday.

Improvements in the state's economy trails growth in 11 of 12 categories compared to activity in the six-state region of Kansas, Missouri, Colorado, Nebraska, Oklahoma and Arkansas

Report Kansas economic renewal lags neighbor states CJOnline.com

The Kansas Miracle


Will Gov. Sam Brownback’s crazy experiments and ruinous policies haunt the Republican Party?

“It’s a plan to grow our economy, it’s a plan to create private-sector jobs, it’s a plan to excel in education, it’s a plan to support our families, it’s a plan to move forward. We campaigned on the roadmap, we won on the roadmap, we will govern on the roadmap.”


Brownback didn’t just keep his promise, he embarked on a radical “real live experiment” in conservative governance. As he later explained to the Wall Street Journal, “My focus is to create a red-state model that allows the Republican ticket to say, ‘See, we’ve got a different way, and it works.’ ”

With advice from Arthur Laffer—the long-discredited guru for supply-side economics—and support from a new band of conservative lawmakers in the Kansas statehouse, the newly minted governor pursued a path of rigid orthodoxy. His signature move was a massive tax cut

This, he promised, would increase disposable income and create thousands of jobs.


In reality, however, Kansas’ job growth stagnated in 2012 and income growth fell. Far from a stimulus plan, Brownback’s tax cuts were a massive program of redistribution for the rich. According to a report from the Institute on Taxation and Economic Policy, the bottom 20 percent of Kansas taxpayers saw their tax burden increase by more than half a percent as a result of the Brownback plan, while the wealthiest Kansans saw their taxes decrease by 1 percent.


Sam Brownback rsquo s ruinous economic policies The Kansas governor rsquo s experiments may hurt the Republican Party.

Yada, yada, yada.

Here's the bottom line: The Kansas unemployment rate is 4.3%. Only 9 states have a lower unemployment rate. 4.5% is considered the full employment rate by most economists.

 

[initforme]

HOw big of tax breaks do the wealthy and corporations need? While the middle class gets crumbs. Scary stuff. Talk about what a lack of education will do. Brownback has those people right where he wants them. On a path to nowhere.

 

[initforme]

Well if 4.3 percent unemployment is true, why are they in such dire financial straits? I suppose low education always equals low wages.

 

[bripat9643]

Brownback is going to ask the average working person to fi the problem (the way it always works) because jobs aren't being created fast enough to increase revenue... will he cut tax rollbacks for corporations? What he is doing isn't working.

"BTW. I said cutting taxes and cutting government would increase jobs. For every tick we cut from the government payroll, two private sector jobs are created."

Yes kindergarten teachers are the problem as are firemen, policemen, etc.

Actually, they are part of the problem. Public school teachers turn our kids into dummies, and they do it at a hug expense. Private schools can actually teach our kids at half the cost. So every public school teacher we laid off would free up enough money to fund two private sector jobs. Firemen and police are the same. When you include their pensions and benefits, their compensations is probably equivalent to 3 private sector employees.

Of course, the real problem is all the bureaucrats and civil servants who man the various agencies in Washington. They produce nothing of any real value. In fact, most of their activities are positively harmful to the nation.

 

[Siete]

some CEO gets a seven figure bonus and shoves it into hiding to avoid paying taxes ... John Doe makes 40K a year and picks up the tax slack ..

sounds like a great RW business model ...

 

[peach174]

Here's What Obama's 'Part-Time America' Really Looks Like
The president's critics love this talking point. But since 2010, full-time jobs are up 7.6 million, and part-time jobs have declined by more than 900,000.

Here s What Obama s Part-Time America Really Looks Like - The Atlantic


The Spectacular Myth of Obama's Part-Time America—in 5 Graphs
A falsifiable claim, falsified


The first thing you would expect to see from a Part-Time America is that the number of part-time jobs added would rival the number of full-time jobs added. But in the last year, new full-time jobs outnumbered part-time jobs by 1.8 million to 8,000. For every new part-time job, we're creating 225 full-time positions.

The Spectacular Myth of Obama s Part-Time America mdash in 5 Graphs - The Atlantic

How about actually going the government site to see the real numbers and facts.
http://www.bls.gov/news.release/pdf/empsit.pdf

bla bla bla ..

how about you go buy a 250,000 sq ft building, fill it up with a product, hire 50 people to run it, then PRAY customers come and buy from you and your business grows from there ..

SO NO, YOUR PREMISE THAT THERE ARE MORE PT WORKERS WAS BULLSHIT, THANKS

The last 40 years of conservative think tank legislation has killed the economy


Consumer Spending Will Not Save Our economy: Pay Fell 7% in Last Decade and Economists Say It Won’t Catch Up Before 2021; Even College Graduates See Salaries Slide

Americans’ incomes have dropped since 2000 and they aren’t expected to make up the lost ground before 2021, according to economists in the latest Wall Street Journal forecasting survey.

From 2000 to 2010, median income in the U.S. declined 7% after adjusting for inflation, according to Census data. That marks the worst 10-year performance in records going back to 1967.

U.S. Incomes Seen Stagnant Through 2021 - WSJ

It's the liberal think tank legislation that has killed the economy for the last 40 years.
The Democrats have controlled the Congress for 36 of the last 50 years

IS IT PREZ POLICY OR CONGRESS? MAKE UP YOUR MIND!!!

Controlled? lol

You are the one who used think tanks not Prez or congress.
Don't see how you get 40 years of cons think tank when they have had only 14 years

 

[Oldstyle]

Jobs are created by demand... people who put their money back into the economy(middle and lower class working folk) are what drive the economy. No demand... no job creation.

Jobs are NOT created by demand...they are created by an anticipation of profit! No profit...no job creation. You can have all the demand you want but if you aren't making money creating the product or providing the service then you're not going to invest capital to create a business.

Business does not create jobs. Jobs are created by consumer demand


Both private sector (individual) and public sector (collective) a business has no existence without the consumer needs and wants. It is the consumer that creates the jobs, and it is producers that fill them.



A business is simply a framework for a joint venture between a group of economic system participants to produce a product or service that is needed or in demand because of want by other economic system participants.

Let me ask you a very simple question, Dad. Do you think there is "demand" for a Corvette that costs $20,000 instead of $40,000? Would you admit that there are literally tens of thousands of people who would line up at their local Chevy dealer to buy one! Yet Chevy isn't selling it's Corvette for that amount because it doesn't make a profit in doing so. Would you admit that there are hundreds of thousands of people that would LOVE to have a light bulb that would last ten years? The demand is there and so is the technology. So why aren't the shelves loaded with ten year bulbs down at Lowes and Home Depot? I'll give you a hint...it's because in order for them to be profitable they would have to cost ten times what a normal bulb costs and people don't want to spend all that money for a light bulb.

I know you have this "demand" concept in your head as the be all and end all of economic theory but demand is only one small part of what creates jobs. If you can't show an investor that there is the very strong chance of making a substantial profit with your product or service, then they are NOT going to risk their capital!

In your example you speak of businesses being formed because of "want". You're actually correct...except that the "want" that forms businesses is investors with capital who "want" to make a profit with that capital. They could quite frankly care LESS what the average person wants if that want doesn't translate into a profit for them.

 

[Siete]

Jobs are created by demand... people who put their money back into the economy(middle and lower class working folk) are what drive the economy. No demand... no job creation.

Jobs are NOT created by demand...they are created by an anticipation of profit! No profit...no job creation. You can have all the demand you want but if you aren't making money creating the product or providing the service then you're not going to invest capital to create a business.

Business does not create jobs. Jobs are created by consumer demand


Both private sector (individual) and public sector (collective) a business has no existence without the consumer needs and wants. It is the consumer that creates the jobs, and it is producers that fill them.



A business is simply a framework for a joint venture between a group of economic system participants to produce a product or service that is needed or in demand because of want by other economic system participants.

Let me ask you a very simple question, Dad. Do you think there is "demand" for a Corvette that costs $20,000 instead of $40,000? Would you admit that there are literally tens of thousands of people who would line up at their local Chevy dealer to buy one! Yet Chevy isn't selling it's Corvette for that amount because it doesn't make a profit in doing so. Would you admit that there are hundreds of thousands of people that would LOVE to have a light bulb that would last ten years? The demand is there and so is the technology. So why aren't the shelves loaded with ten year bulbs down at Lowes and Home Depot? I'll give you a hint...it's because in order for them to be profitable they would have to cost ten times what a normal bulb costs and people don't want to spend all that money for a light bulb.

I know you have this "demand" concept in your head as the be all and end all of economic theory but demand is only one small part of what creates jobs. If you can't show an investor that there is the very strong chance of making a substantial profit with your product or service, then they are NOT going to risk their capital!

In your example you speak of businesses being formed because of "want". You're actually correct...except that the "want" that forms businesses is investors with capital who "want" to make a profit with that capital. They could quite frankly care LESS what the average person wants if that want doesn't translate into a profit for them.

first Chevy can't build a Vette for 20K, second, Chevy won't build 200,000 of them just to find out who will pay what amount for them


if 100,000 customers sign contracts and pay for a Vette up front, THEN Chevy would fill up dealerships all over the world ... until then production is limited to past sales.

 

[DonaldFG]

Your forgetting all the jobs bills passed by the House that are sitting in the Senate that needs to be passed now that they have the majority.

I guess you mean all those "repeal Obamacare" bills? That won't make jobs.

 

[peach174]

Your forgetting all the jobs bills passed by the House that are sitting in the Senate that needs to be passed now that they have the majority.

I guess you mean all those "repeal Obamacare" bills? That won't make jobs.

No I mean the job bills that was passed by the House that Harry Reid refused to bring up to the floor for votes because he thought they were too controversial.
Repeal of the new health care bill is entirely different.

 

[bripat9643]

Jobs are created by demand... people who put their money back into the economy(middle and lower class working folk) are what drive the economy. No demand... no job creation.

Jobs are NOT created by demand...they are created by an anticipation of profit! No profit...no job creation. You can have all the demand you want but if you aren't making money creating the product or providing the service then you're not going to invest capital to create a business.

Business does not create jobs. Jobs are created by consumer demand


Both private sector (individual) and public sector (collective) a business has no existence without the consumer needs and wants. It is the consumer that creates the jobs, and it is producers that fill them.



A business is simply a framework for a joint venture between a group of economic system participants to produce a product or service that is needed or in demand because of want by other economic system participants.

Let me ask you a very simple question, Dad. Do you think there is "demand" for a Corvette that costs $20,000 instead of $40,000? Would you admit that there are literally tens of thousands of people who would line up at their local Chevy dealer to buy one! Yet Chevy isn't selling it's Corvette for that amount because it doesn't make a profit in doing so. Would you admit that there are hundreds of thousands of people that would LOVE to have a light bulb that would last ten years? The demand is there and so is the technology. So why aren't the shelves loaded with ten year bulbs down at Lowes and Home Depot? I'll give you a hint...it's because in order for them to be profitable they would have to cost ten times what a normal bulb costs and people don't want to spend all that money for a light bulb.

I know you have this "demand" concept in your head as the be all and end all of economic theory but demand is only one small part of what creates jobs. If you can't show an investor that there is the very strong chance of making a substantial profit with your product or service, then they are NOT going to risk their capital!

In your example you speak of businesses being formed because of "want". You're actually correct...except that the "want" that forms businesses is investors with capital who "want" to make a profit with that capital. They could quite frankly care LESS what the average person wants if that want doesn't translate into a profit for them.

first Chevy can't build a Vette for 20K, second, Chevy won't build 200,000 of them just to find out who will pay what amount for them


if 100,000 customers sign contracts and pay for a Vette up front, THEN Chevy would fill up dealerships all over the world ... until then production is limited to past sales.

Then how did Chevy determine what the demand for the Vetta was before it built a factory, hired employees and built a single one?

 

[kiwiman127]

It's called a 'Mandate.' Get used to it Communists. Elections have consequences.

The Truth About ‘The Republican Mandate': 50 Percent More People Have Voted Democrat Since 2010

According to a study conducted by FairVote, the 46 Democrats currently sitting in Senate have gotten 20.7 million more votes over the 2010, 2012 and 2014 elections than the 56 Republicans. Tallied up, that’s 67.8 million to Dems, and 47.1 million to Republicans. Or, to put it another way:

Democrats got a full 50 percent more votes than Republicans, and lost nine seats.

You lost. Deal with it. Moving on..

Mandate?
The voter participation rare was at about 36% of all voters voted which translate to the GOP actually getting around 23-24% of the vote of all eligible voters. That voter participation was the lowest in 72 years.
The reason? Apathy directed at both parties. As Republicans love to be angry all the time, they usually do well in low voter participation turnouts and the participation of their angry all-the-time base.

You lost. Deal with it. Moving on...

Considering I have consistently stated that I think both the GOP and Dems suck, I lose to matter who wins. And based on the performance of the clowns from both parties, millions of people lost.
If you think you gained something from this election, you're even dumber than I thought!

 

[Oldstyle]

Jobs are created by demand... people who put their money back into the economy(middle and lower class working folk) are what drive the economy. No demand... no job creation.

Jobs are NOT created by demand...they are created by an anticipation of profit! No profit...no job creation. You can have all the demand you want but if you aren't making money creating the product or providing the service then you're not going to invest capital to create a business.

Business does not create jobs. Jobs are created by consumer demand


Both private sector (individual) and public sector (collective) a business has no existence without the consumer needs and wants. It is the consumer that creates the jobs, and it is producers that fill them.



A business is simply a framework for a joint venture between a group of economic system participants to produce a product or service that is needed or in demand because of want by other economic system participants.

Let me ask you a very simple question, Dad. Do you think there is "demand" for a Corvette that costs $20,000 instead of $40,000? Would you admit that there are literally tens of thousands of people who would line up at their local Chevy dealer to buy one! Yet Chevy isn't selling it's Corvette for that amount because it doesn't make a profit in doing so. Would you admit that there are hundreds of thousands of people that would LOVE to have a light bulb that would last ten years? The demand is there and so is the technology. So why aren't the shelves loaded with ten year bulbs down at Lowes and Home Depot? I'll give you a hint...it's because in order for them to be profitable they would have to cost ten times what a normal bulb costs and people don't want to spend all that money for a light bulb.

I know you have this "demand" concept in your head as the be all and end all of economic theory but demand is only one small part of what creates jobs. If you can't show an investor that there is the very strong chance of making a substantial profit with your product or service, then they are NOT going to risk their capital!

In your example you speak of businesses being formed because of "want". You're actually correct...except that the "want" that forms businesses is investors with capital who "want" to make a profit with that capital. They could quite frankly care LESS what the average person wants if that want doesn't translate into a profit for them.

first Chevy can't build a Vette for 20K, second, Chevy won't build 200,000 of them just to find out who will pay what amount for them


if 100,000 customers sign contracts and pay for a Vette up front, THEN Chevy would fill up dealerships all over the world ... until then production is limited to past sales.

I didn't say that Chevy COULD build a Corvette for twenty thousand. My point was that simple demand for something doesn't mean that it will be built. If there is demand for a product at a certain price level but no way to turn a profit at that price level...then that product is not going to be produced. It's an anticipation of profit that induces investment of capital and if you do things to lessen that anticipation then you will not see the creation of jobs.

 

[Oldstyle]

Jobs are created by demand... people who put their money back into the economy(middle and lower class working folk) are what drive the economy. No demand... no job creation.

Jobs are NOT created by demand...they are created by an anticipation of profit! No profit...no job creation. You can have all the demand you want but if you aren't making money creating the product or providing the service then you're not going to invest capital to create a business.

Business does not create jobs. Jobs are created by consumer demand


Both private sector (individual) and public sector (collective) a business has no existence without the consumer needs and wants. It is the consumer that creates the jobs, and it is producers that fill them.



A business is simply a framework for a joint venture between a group of economic system participants to produce a product or service that is needed or in demand because of want by other economic system participants.

Let me ask you a very simple question, Dad. Do you think there is "demand" for a Corvette that costs $20,000 instead of $40,000? Would you admit that there are literally tens of thousands of people who would line up at their local Chevy dealer to buy one! Yet Chevy isn't selling it's Corvette for that amount because it doesn't make a profit in doing so. Would you admit that there are hundreds of thousands of people that would LOVE to have a light bulb that would last ten years? The demand is there and so is the technology. So why aren't the shelves loaded with ten year bulbs down at Lowes and Home Depot? I'll give you a hint...it's because in order for them to be profitable they would have to cost ten times what a normal bulb costs and people don't want to spend all that money for a light bulb.

I know you have this "demand" concept in your head as the be all and end all of economic theory but demand is only one small part of what creates jobs. If you can't show an investor that there is the very strong chance of making a substantial profit with your product or service, then they are NOT going to risk their capital!

In your example you speak of businesses being formed because of "want". You're actually correct...except that the "want" that forms businesses is investors with capital who "want" to make a profit with that capital. They could quite frankly care LESS what the average person wants if that want doesn't translate into a profit for them.

first Chevy can't build a Vette for 20K, second, Chevy won't build 200,000 of them just to find out who will pay what amount for them


if 100,000 customers sign contracts and pay for a Vette up front, THEN Chevy would fill up dealerships all over the world ... until then production is limited to past sales.

Then how did Chevy determine what the demand for the Vetta was before it built a factory, hired employees and built a single one?

Some very astute people have done cost analysis studies to determine what it WILL cost to build that Corvette and also set a price that both allows them to make a profit and not kill demand.