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re: HRC: "Don't Let Anybody Tell You Businesses & Corporations Create Jobs"
Posted on 10/31/14 at 10:35 am to Taxing Authority
Posted on 10/31/14 at 10:35 am to Taxing Authority
quote:
The desire to put capital at risk is a form of demand in the capital market.
Yep, and one can think of it in crystal-clear terms and apply them to this type of discussion.
Example: a firm already has a popular product that it produces and sells profitably. Yet they still make expenditures for marketing and R&D, which literally require them to hire people. It is a real stretch to credit existing consumer demand for this.
1
Posted on 10/31/14 at 10:55 am to 90proofprofessional
quote:I look at her quote the same as I do when a "moderate" republican suddenly becomes anti-abortion when they run for president. It's pandering over issues they have no real desire (or ability) to address. But it is a checkbox issue for a chunk of rabid primary voters.
She's scared of Warren.
The democrat party is no different. Just different issues. More scary issues. I fear the democrat pandering issues becoming reality far more than the republican pandering issues becoming reality.
Posted on 10/31/14 at 11:00 am to Asgard Device
quote:why don't we have full employment?
I'm not sure that anyone creates jobs. Replace jobs with new jobs, maybe.
quote:They only control a subset of their own resources. And even then, when you invest in... Say a stock... You generally have little control over how your money is utilized. Most instruments like bonds are even worse.
I think that people who control money simply decide how resources are allocated.
quote:Humans aren't capital. Ask anyone with a kid.
Human capital is a resource.
And not really a resource... as much as they are a market (in terms of labor). Posted on 10/31/14 at 11:05 am to 90proofprofessional
quote:There are entire companies that specialize in this.
Example: a firm already has a popular product that it produces and sells profitably. Yet they still make expenditures for marketing and R&D, which literally require them to hire people. It is a real stretch to credit existing consumer demand for this.
There was absolutely no consumer demand for the "sticky note" when it was invented.
Even if you put $1,000,000 in everyone's pocket at the time... no one would have said "I'm going to go buy me a pad with some sticky goop on the back". No one even knew what that was.
Posted on 10/31/14 at 11:10 am to crawdaddy52
So, let me get this straight. If cellphone technology had never been "invented," some of you guys are telling me that everybody who works for T-mobile would still have a job somewhere?
The human brain is, and always will be, the single most determinant factor regarding job creation.
Ideas + Capital + Labor = Prosperity
To claim otherwise is simply foolish. You know what the underlying agenda is here? Liberals have been programmed to believe that Capitalism is evil, that businesses are corrupt, and that corporations dehumanize the human spirit.
Therefore, when some left-wing nutjob comes along, like Elizabeth Warren or Hillary Clinton, and foolishly claims that "you didn'tbuild that," or "Businesses don't create jobs," liberals start jumping and hollering like crazy. I guess it's your equivalent of church or something.
Government is good. Capitalism is bad.
Look where that nonsense is taking us.
The human brain is, and always will be, the single most determinant factor regarding job creation.
Ideas + Capital + Labor = Prosperity
To claim otherwise is simply foolish. You know what the underlying agenda is here? Liberals have been programmed to believe that Capitalism is evil, that businesses are corrupt, and that corporations dehumanize the human spirit.
Therefore, when some left-wing nutjob comes along, like Elizabeth Warren or Hillary Clinton, and foolishly claims that "you didn'tbuild that," or "Businesses don't create jobs," liberals start jumping and hollering like crazy. I guess it's your equivalent of church or something.
Government is good. Capitalism is bad.
Look where that nonsense is taking us.
Posted on 10/31/14 at 11:12 am to KCT
Single biggest argument against Keynes: Naked demand creates nothing.
If that weren't true, there would be no serious shortages of food, housing, fresh water, electricity, etc. Demand would function as a form of magic in their universe.
Sadly, we have to live in the real one.
If that weren't true, there would be no serious shortages of food, housing, fresh water, electricity, etc. Demand would function as a form of magic in their universe.
Sadly, we have to live in the real one.
Posted on 10/31/14 at 11:49 am to Taxing Authority
quote:
There are entire companies that specialize in this.
Entire companies that hire people and exist to answer firm demand only, and consumer demand in no way at all???!!!!!1!!!
Posted on 10/31/14 at 11:56 am to lsuroadie
quote:
Asgard Devicequite possibly the most ignorant thing ever typed on TD
I've read some bad stuff on here, but that was definitely the worst of the bunch.
Posted on 10/31/14 at 1:02 pm to The Cow Goes Moo Moo
quote:
I've read some bad stuff on here, but that was definitely the worst of the bunch.
I was entirely on point and logical. You can't offer anything other than "yer stupid." It's not my fault you believe in magic.
Labor is a resource. We are all resources and we all will use or mid-use that resource one way or another.
I'm personally happy that technology and our monetary system alllows me to work in an office in exchange for a comfortable lifestyle. I'd still be working either way.
If I lived in the 1800's Id be a craftsman. In the dark ages Id probably be a farm worker or a soldier. 20,000 years ago Id be doing hunter gatherer shite.
Innovation improves our everyday lives and leads to more advanced jobs. It does not create jobs though. All we do is replace the old ones with new ones.. or we move them to another location.
I'm talking in the grand scheme of things, of course.
This post was edited on 10/31/14 at 1:07 pm
Posted on 10/31/14 at 1:24 pm to Taxing Authority
quote:
why don't we have full employment?
Resources are allocated to take care of people who don't want to work because the jobs that are available aren't good enough for them. You honestly think you couldn't go find a job as a cashier, general laborer, janitor, or fast food worker?
quote:
They only control a subset of their own resources
Who is "they" ? Somebody controls all available resources. Generally people control their own labor.
quote:
You generally have little control over how your money is utilized. Most instruments like bonds are even worse.
The point isn't whether or not YOU have control. The point is that somebody or some entity does control the money and gets to decide how it is utilized. When you buy a stock you decide that the resources youve accumulated should be put into that stock. Then the company decides on how to spend it.
quote:
Humans aren't capital
Yes we are.
quote:
And not really a resource
Yes we are.
Posted on 10/31/14 at 1:28 pm to Taxing Authority
quote:
So if hiring people, isn't job creation
If you break every window in every home did you just create a bunch of jobs? Well, how else do you explain all the new jobs in glass repair? :roll eyes:
Posted on 10/31/14 at 1:35 pm to Asgard Device
quote:
If you break every window in every home did you just create a bunch of jobs?
So there's a demand for broken windows?
No, there's a demand for unbroken windows, which the building owner already had. The demand was for security. Beyond that, there is a certain point about mitigation, but that actually is a government function, like fire protection, police, utility - the so-called maintenance functions.
Naked demand creates nothing on its own. Your point about "we all own our labor" is valid - to a point. But my labor doesn't create jobs if I don't do well enough to bring others into my circle of prosperity - other than I have a job to provide for me and my familiy. I guess I "created" that job, but I don't employ others to do it without capital investment, a business plan, customers/clients, etc., all of which have to be cultivated directly by the business owner/owners, or by those acting on the business owners' behalf - period.
This post was edited on 10/31/14 at 1:37 pm
Posted on 10/31/14 at 1:37 pm to KCT
quote:
So, let me get this straight. If cellphone technology had never been "invented," some of you guys are telling me that everybody who works for T-mobile would still have a job somewhere?
Yes. People still produced things before the invention of mobile phones.
quote:
The human brain is, and always will be, the single most determinant factor regarding job improvement.
FIFY.
quote:
You know what the underlying agenda is here?
It's obvious that you can't have a rational discussion on this topic because it has become such a political talking point. Hell, even Democrat politicians falsely take credit for "creating" jobs. It's magic, I tell ya. To say otherwise is blasphemy.
It's like having a discussion about dinosaurs in a baptist church.
Posted on 10/31/14 at 1:40 pm to KCT
quote:
LINK
Wow. Just wow. That was absolutely incredible.
Posted on 10/31/14 at 1:42 pm to KCT
Okay, I have to insert this, HRC says this and the response is muted at best.
But a comment from Dr Ben Carson? Yeah, completely different.
But a comment from Dr Ben Carson? Yeah, completely different.
Posted on 10/31/14 at 1:44 pm to L.A.
quote:
corporations don't create jobs?
Demand creates jobs.
Posted on 10/31/14 at 1:45 pm to SpidermanTUba
Somalia must have very little demand for food, right?
Posted on 10/31/14 at 1:47 pm to C
quote:
C
:rimshot:
Posted on 10/31/14 at 1:52 pm to SpidermanTUba
quote:Where does demand come from?
Demand creates jobs.
Posted on 10/31/14 at 2:02 pm to C
Yeah, some folks here just don't get it.
if demand is driving everything, why is there so much disparity throughout the world regarding the standard of living? Wouldn't you think that people in Liberia want the best food, clean water, nice cars, nice homes, etc, just like Americans?
So, America has a much higher standard of living than most countries simply because Americans have perfected the art of demanding?
Ideas and innovation, the right framework for developing those ideas and innovations, and the freedom to develop them is a huge part of the equation.
Did the Russian people simply not demand a better standard of living 50 years ago, are were they trapped under a failed system?
Please tell me again how everything revolves around demand.
if demand is driving everything, why is there so much disparity throughout the world regarding the standard of living? Wouldn't you think that people in Liberia want the best food, clean water, nice cars, nice homes, etc, just like Americans?
So, America has a much higher standard of living than most countries simply because Americans have perfected the art of demanding?
Ideas and innovation, the right framework for developing those ideas and innovations, and the freedom to develop them is a huge part of the equation.
Did the Russian people simply not demand a better standard of living 50 years ago, are were they trapped under a failed system?
Please tell me again how everything revolves around demand.
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