The Rich Don't Create Jobs

[Bern80]

At what point in our history have "the costs" ever been better? The simple part is the part you refuse to accept....that the Rich don't create jobs and giving them increased tax breaks will not create more jobs.

If the rich do not create jobs, who does? All those jobs at Microsoft aren't the result of Bill Gates starting the company? Or Steve Jobs at Apple? There's thousands, upon thousands of examples like that, RDD. By definition ONLY the rich can create jobs. The middle class and pour most certainly can't. You can't create a job working for someone else or not at all. That only leaves one other group to create them. The shear lack of objectivity and irrationality of the typical leftist living in fantasy land never ceases to amaze.

Looks like someone has no idea what it takes to make a business successful.

Growing up in a family that did, yeah I do. I ask again. How do people that work for someone else for a living or make no living at all, create jobs?

 

[RDD_1210]

If the rich do not create jobs, who does? All those jobs at Microsoft aren't the result of Bill Gates starting the company? Or Steve Jobs at Apple? There's thousands, upon thousands of examples like that, RDD. By definition ONLY the rich can create jobs. The middle class and pour most certainly can't. You can't create a job working for someone else or not at all. That only leaves one other group to create them. The shear lack of objectivity and irrationality of the typical leftist living in fantasy land never ceases to amaze.

Looks like someone has no idea what it takes to make a business successful.

Growing up in a family that did, yeah I do. I ask again. How do people that work for someone else for living or for no one at all, create jobs?

Consumers create jobs by their purchasing power. Explain to me how a rich person creates jobs when he has no one to sell his product to?

 

[The Rabbi]

Looks like someone has no idea what it takes to make a business successful.

Growing up in a family that did, yeah I do. I ask again. How do people that work for someone else for living or for no one at all, create jobs?

Consumers create jobs by their purchasing power. Explain to me how a rich person creates jobs when he has no one to sell his product to?

Explain how the product got on the shelf in the first place. Duh.

 

[RDD_1210]

Growing up in a family that did, yeah I do. I ask again. How do people that work for someone else for living or for no one at all, create jobs?

Consumers create jobs by their purchasing power. Explain to me how a rich person creates jobs when he has no one to sell his product to?

Explain how the product got on the shelf in the first place. Duh.

Perceived demand.

 

[boilermaker55]

If the rich created jobs in this country, with the majority of the wealth being concentrated in the top 1% this country should have miminmal unemployment.
However, the rich take their money and invest it in overseas markets. Why? Because they know full well they can exlpoit the indigent and the poor in any way they can to put money back into their pockets, to either save or to exploit others once again.
In Michigan. ex-governor Jennifer Granholm, tried to keep electrolux from moving its manufactoring plant out of the state. Her administration and other leaders in the state put together a package that included concessions by unions and all others involved to persuade the company to not move.
Their reply; " the package you propose is quite attractive but you cannot compete with $1.57 per hour labor costs." (paraphrased)
So, the rich and the wealthy create jobs where they want, but only with the exploitation of those with no power.
Electrolux leaves its workers behind and opens plant in Juarez, Mexico » Business » The Herald, Sharon, Pa.
So your theory of the job creators is bogus.
Jennifer M. Granholm, former Michigan governor
Transcript: Clean Power, Good Jobs, Energy Independence
Page 1 of 8
Hello, I’m Jennifer Granholm, and I am working with Pew Charitable Trusts to help lead their campaign for clean energy policy in America. In fact, the Clean Power, Good Jobs, Energy Independence campaign is co-chaired by Senator John Warner, the former U.S. senator from Virginia, and me. I’m a Democrat, he’s a Republican. He is the former head of the Armed Services Committee and is co-chairing Pew’s campaign because he knows the importance of energy security from a defense perspective. I am co-chairing because as the former governor of Michigan, I know the importance of creating jobs in the clean energy sector and how energy policy can help create jobs in America.
If you asked your neighbors what the two biggest problems facing America are, how would they answer? My guess is they would say two things. The first is jobs, and the second is the price of gas. So Pew has smartly identified policies that will address both of those issues. I joined the campaign because of my experience in Michigan. In 2003, I got a call from the head of Michigan’s Economic Development Corporation—the state’s economic development agency—who said, “We have a major problem. Electrolux has a big refrigerator factory employing 2,700 people in the small town of Greenville that is about to leave Michigan. This little town had 8,000 residents. So, 2,700 people losing their jobs is like a nuclear bomb being dropped on the city.” So we went to Greenville. We asked the mayor to join us. We asked the head of the United Auto Workers, who represents the workers, to join us. We asked all of the community leaders to meet with us to figure out a way to keep Electrolux in Greenville and in Michigan.
We put everything we had on the table. We offered tax incentives. We offered to build them a new factory. We offered huge labor concessions. You name it, we offered it. We put an entire package worth hundreds of millions of dollars on the table. After we put our pile of chips on the table, the Electrolux management took 17 minutes to consider our offer. They acknowledged it was the most generous offer they had ever seen, but here’s the problem, they said. “We can pay workers $1.57 an hour in Mexico, so we’re going to leave.” We said, “what do you mean you’re going to leave? We’ve given you everything we can possibly give.” But they said. “There’s nothing you can do to combat the fact that we can pay our workers so little in Mexico.”
We are not defeated, we can help move our nation toward a clean energy economy, but only if your voice is heard.
Thank you.

 

[The Rabbi]

Consumers create jobs by their purchasing power. Explain to me how a rich person creates jobs when he has no one to sell his product to?

Explain how the product got on the shelf in the first place. Duh.

Perceived demand.

Perceived demand doesn't pay the bills.

 

[bripat9643]

Explain how the product got on the shelf in the first place. Duh.

I always love to watch them waffle and dance whenever they are asked questions like that. In another thread some libturds actually tried to claim that rain creates umbrellas. You would never guess that human intervention is required in the process.

 

[Dragon]

Do you not understand what effect your 2 "wants" would have?

The same thing they did in the '50s and '60s when we had both?

A "confiscatory tax" of 90% on the wealthy? And you expect these monetarily savvy people to just sit there and let you take all of their capital?

Nope, and that's not the point. I expect them to invest in production of goods and services and hire people. all of it tax-deductible.

You want unions to increase to 40% of the private sector workforce and then demand higher wages? And somehow you think doing so will entice companies to open businesses in the US? Why? Because the labor costs that were already high will now become astronomically high?

We CAN'T complete with backwards, third-world countries in a race to the bottom. Just can't. Impossible. Instant loss. We're talking buck-twenty-five an hour workers here. At that rate, it doesn't matter whether we pay our own people $10 an hour or $25 an hour, they still can't compete either way. So there's no point in trying. As I said before, the only jobs we're going to keep in the U.S. are the ones that, for one reason or another, can't be outsourced -- and so there's no downside to having those jobs pay well.

 

[Dragon]

You have to wonder why he only wants union to control 40% of the labor force? If unions are beneficial, why not increase their control to 100% of the labor force?

That would be great, but it's neither likely to happen nor necessary. With unions making up a substantial minority of the work force, they raise wages across the board. Say you're the owner of a non-union shop in an industry where most other companies are organized. You have to compete for workers with the union shops, and that means you have to pay pretty close to union scale, or run the double risk of losing your employees to the competition and/or increasing their own incentive to unionize your shop, too.

(Your bit of mind-reading as to the reason I said 40% proves conclusively that you are NOT telepathic, not that you ever claimed to be.)

 

[bripat9643]

Perceived demand.

Perceptions are wrong all the time, especially when it comes to determining what other people want. Anyone who's married or has children knows that.

 

[Dragon]

Explain how the product got on the shelf in the first place. Duh.

The problem isn't getting it ON the shelf. The problem is getting it OFF the shelf. If that doesn't happen, any jobs involved with making and selling it rapidly cease to exist.

 

[Dragon]

Perceived demand.

Perceptions are wrong all the time, especially when it comes to determining what other people want. Anyone who's married or has children knows that.

Anyone who is married also knows that perceptions can be wrong. There is such a thing as what one's spouse REALLY wants.

And there's also such a thing as what customers REALLY want, and, more to the point, what they can REALLY afford. And that is what limits the number of jobs that can exist.

 

[Oddball]

Looks like someone has no idea what it takes to make a business successful.

Growing up in a family that did, yeah I do. I ask again. How do people that work for someone else for living or for no one at all, create jobs?

Consumers create jobs by their purchasing power.

With no products to buy from businessmen who are willing to risk their money and efforts to produce, that purchasing power amounts to a popcorn fart.

Explain to me how a rich person creates jobs when he has no one to sell his product to?

The utter inanity of that question is staggering....Who would bother in the first place if there were nobody to sell their products to?

 

[Dragon]

With no products to buy from businessmen who are willing to risk their money and efforts to produce, that purchasing power amounts to a popcorn fart.

And if the sun doesn't rise tomorrow morning we'll all freeze to death.

As long as there's consumer demand, people willing to try to satisfy it may be taken for granted. That is simply never something we need to worry about.

Who would bother in the first place if there were nobody to sell their products to?

Now you're getting it. That's the point exactly. The answer is no one.

 

[Oddball]

What an absolutely shitty and entirely irrelevant argument.

The sun will rise whether you want it to or not.

Demand all you want...Unless there is someone out there willing to take the risk that you aren't the only one demanding this or that, you can demand in one hand and shit in the other.

 

[thereisnospoon]

What an absolutely shitty and entirely irrelevant argument.

The sun will rise whether you want it to or not.

Demand all you want...Unless there is someone out there willing to take the risk that you aren't the only one demanding this or that, you can demand in one hand and shit in the other.

People like dragon believe consumers create the marketplace. They also believe that it is workers who create jobs.
Both are patently false.
Without a product, there would be no market.
Without business, there are no jobs.

 

[Dragon]

The sun will rise whether you want it to or not.

Correct, it can be taken for granted. So can investment, provided demand is there.

Hence the analogy.

 

[Dragon]

People like dragon believe consumers create the marketplace. They also believe that it is workers who create jobs.

The first, yes. The second, no -- except insofar as workers are also consumers. Consumers create jobs.

Without a product, there would be no market.
Without business, there are no jobs.

Without consumers, there would be no products.

Without consumers, there would be no businesses.

 

[Cowman]

Multi millionaires love beating up on "high income earners" because they aren't really part of that. They've already made their money. If Warren Buffet earned $1 a year for the rest of his life he would still be among the 4 richest men in America.
Only lib-retards fall for crap like this when they see it.
Job creation takes capital. Rich people have capital. They invest their money directly or indirectly and capital flows to the real creators, entrepreneurs and other middle class and rising people.
No surprise a retard like RDD would fall for this. He walks around with a "kick me I'm stupid" sign on his back.

Well look at you and your Warren Buffet analogy.

If those "high income earners" were taxed at an increased rate, they would still be the very same "high income earners". They wouldn't slip out of their lifestyle or their wealth.

BUT GOD DAMMIT, THEY COULD HAVE BOUGHT A COUPLE YACHTS WITH WHAT THEY ARE TAXED WITH! THE TRAVESTY! THE INJUSTICE!

 

[candycorn]

Straight from the horses mouth. A multi-millionaire describing how backwards it is to give the rich tax breaks to create jobs. It's a terrible idea that has never been shown to work anywhere but the parrots continue to refer to it.

Raise Taxes on Rich to Reward True Job Creators: Nick Hanauer - Businessweek

"That’s why I can say with confidence that rich people don’t create jobs, nor do businesses, large or small. What does lead to more employment is the feedback loop between customers and businesses. And only consumers can set in motion a virtuous cycle that allows companies to survive and thrive and business owners to hire. An ordinary middle-class consumer is far more of a job creator than I ever have been or ever will be."


Bonus points to the first idiot who says, "nothing is stopping him from sending more money to the government".

Sure the rich create jobs although the wealth isn't always in the form of one person's bank account or one person's ability. Wealthy corporations, companies, sole proprietorships, and organizations create jobs. There is some inherent capital in all of those enterprises.

To say that the rich do not create jobs is simply put, wrong.

Now, to say that they create all the jobs is too wrong. I think sick people create more jobs than the wealthy if you consider the number of people employed by one person coming into the hospital or clinic.

You're wrong about this.