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re: Thoughts on "Man Camps?"
Posted on 4/23/14 at 10:57 am to tgrbaitn08
Posted on 4/23/14 at 10:57 am to tgrbaitn08
I am in the finance industry in LC. Anyone that cannot fathom the huge economic impact this will have on SWLA needs a freaking lesson in fundamental economics. All this crap about them strictly shipping in foreigners is BS. If you want a job i promise you that you could find one over here.
Example: Sasol has spent hundreds of millions of dollars purchasing property in Westlake and surrounding areas. Ok so what do those people go and do? Buy other property, start a business (which hire people), etc. Not to mention a portion of these people are low to moderate income so they spend it rapidly. So basically Sasol has injected millions of dollars in the economy without hiring a single worker. Things like this are what people forget about.
Example: Sasol has spent hundreds of millions of dollars purchasing property in Westlake and surrounding areas. Ok so what do those people go and do? Buy other property, start a business (which hire people), etc. Not to mention a portion of these people are low to moderate income so they spend it rapidly. So basically Sasol has injected millions of dollars in the economy without hiring a single worker. Things like this are what people forget about.
Posted on 4/23/14 at 11:01 am to GCHunter
quote:
and there's absolutely no reason to believe that any US citizen that wants a job in this area when all of this is at it's peak, won't be able to get one.
x100000000000000000
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