HRC: "Don't Let Anybody Tell You Businesses & Corporations Create Jobs"

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Don't Let Anybody Tell You Businesses & Corporations Create Jobs"

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I saw that Hilary was quoted as saying that the other day and I just assumed it was a misquote. So that quote is legit? According to Hilary business and corporations don't create jobs?

Businesses create jobs, but in order for the impulse to be there, people MUST have money. Money comes first, and then production starts. You can't have an economy unless money is in the hands of people first.

I'm not sure that anyone creates jobs. Replace jobs with new jobs, maybe.

I think that people who control money simply decide how resources are allocated. Human capital is a resource.

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Asgard Device

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quite possibly the most ignorant thing ever typed on TD

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I actually don't think Hillary will win the nomination in 2016,

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I can see her not running or withdrawing early, for health reasons (hers or Bill's) or because she realizes she's just not up for it mentally - but if she does run, I can't see anyone in the Democratic party that could even come close to her. For all the ridicule directed at the Republicans' potential 2016 field of candidates, a 2016 Democratic race without Hillary would be just as much of a freewheeling freak show. Within 90 days of the 2006 elections, there were no less than NINE announced Democratic candidates for the 2008 Democratic nomination. By the end of March of 2007, Obama and Clinton had each raised $20 million and John Edwards had raised $12 million. It's all about the money, and these early financial achievements left Biden, Kucinich, Richardson, Dodd, Vilsack and Gravel blowing in the wind. Take away Clinton & Obama and you what you have left is political flotsam and jetsam. Without Hillary in 2016, you're looking at the likes of Biden, O'malley, Warren, Sanders, Castro, etc. The 7-person Dem debates would be as debilitating as the 7-person Republican debates of 2011-2012.

The result would be a Democratic party experiencing the same sort of split that the Republicans are currently facing - only instead of establishment vs the far right, it would be establishment vs the far left. I certainly do not wish Hillary or Bill ill health, but I would love to see her decide it's just not worth the long fight at this point in her life and stay home with her grandkid. Should that occur, the lockstep Democratic party you have watched in recent years would quickly tailspin into chaos, with backstabbing and name-calling flowing out of every orifice.

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I want to punch you, that's how bad this statement is.

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How insightful.

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money didnt exist, how would a firm sell the goods it makes?

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It wouldn't sell them, it would barter them.

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So, you're not sure anyone creates jobs? Really?

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You seem to be incapable of grasping the concepts that I've spelled out for you. I'm not sure you ever will, or want to. Everything may be black and white to you but the truth is that labor (jobs) is a product that you buy. If you buy an iPhone you didn't create it, did you?

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So people like Henry Ford, the Wright Brothers*, Bill Gates, etc are inspired to develop totally new industries, and that entrepreneurial creativity doesn't create jobs?

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No.

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People have ideas all the time which result in the creation of anywhere from 2 jobs to 10,000 jobs.

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No.

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entrepreneurial creativity and the entrepreneurial spirit

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Doesn't necessarily "create jobs." What it does is re-allocate labor and resources in a way that is better and/or more efficient.

Innovation creates a product or process that people prefer over another product or process. What happens is that there's demand for that product and thus resources/labor are purchased to produce that product for consumption.

Instead of claiming to create jobs what we should give innovators credit for is creating more productivity per unit of labor. This usually leads to more prosperity for everyone involved. If a unit of labor is more highly rewarded then people are more likely to sell their labor.

TL;DR if you hire people to build you a 100' yacht, you didn't create those jobs. You simply re-allocated resources that you accumulated/earned.

[quote]HRC: "Don't Let Anybody Tell You Businesses & Corporations Create Jobs" Businesses create jobs, but in order for the impulse to be there, people MUST have money. Money comes first, and then production starts. You can't have an economy unless money is in the hands of people first. [/quote/]


It is a chicken or egg thing. But what drives economic growth is demand and people have demand for some products rather they have income or not....water, shelter and food are the basic necessities that create jobs....and have been so a long time. It is a relatively recent idea that the entities that meet these needs are responsible for their creation....and one that is so flawed that only a liar or a moron would repeat it....