Hillary Clinton
Related: About this forumHillary is right. Businesses don't create jobs.
Jobs are created by
1) Human wants or needs. No customers, no jobs.
2) Technology and resources. No production possibility, no jobs.
Businesses are ONE way to organize resources (including labor) and technology to meet wants and needs. Other ways are: government, nonprofits, cooperatives, communes, DIY. Different methods fit different kinds of wants and needs.
The real story is that Hillary's commonsense and correct observations are being treated as some sort of scandal -- heresy -- blunder. This is a measure of how totally the interest of the billionaire class control the media.
http://www.dailymail.co.uk/news/article-2808780/Hillary-Clinton-attempts-attack-trickle-economics-ends-saying-corporations-businesses-don-t-create-jobs-major-campaign-fumble.html
Little Star
(17,055 posts)unblock
(52,243 posts)certainly, the *legitimate* economic allocation of resources is demand-driven, and businesses simply recognize those demands and satisfy them, hiring people as needed to do so.
however, there's plenty of evidence that advertising, concealing/shading of facts, outright lies, gotcha games, etc., all are supply-driven parts of the economy that involve hiring people to essentially extract wealth from innocents without meaningfully adding to their overall happiness or satisfying any particular demand.
fly-by-night businesses, fear-based products and services, bank fees, insurance claim denial/delay, and others could be seen as falling into this category.
the reason the business-oriented meme sticks is because business-types think like business-types, not as economists. in their view, they're sitting in a room deciding to expand and to hire and to pay for new people to work, then they're the ones creating the jobs, not thinking that they're simply responding to a demand that already exists out there, *because often that demand doesn't exist without their advertising*.
Phlem
(6,323 posts)It's Hillary Clinton!
Phlem
(6,323 posts)With the "rich" don't make jobs.
The co-author of the TTP also knows that it will kill jobs undermine pay for the worst.
Just because she says it doesn't mean it's an original idea. m kay?
rogerashton
(3,920 posts)It hasn't been a new idea in a long time. Just worth repeating.
demigoddess
(6,641 posts)without customers with money to spend we are all back in the dark ages. businesses included.
unblock
(52,243 posts)business thrive on a healthy middle class, and there *is* an emerging middle class -- in china and india!
thanks to the wonders of globalization, big american megacorps no longer need a thriving middle class *here*.
they can to quite well selling to customers abroad while the rest of us here are left to cut their hair and mow their lawns and deliver their packages.
demigoddess
(6,641 posts)a violent cesspool or they will have to move to China or some other socialist country.
DonCoquixote
(13,616 posts)They will be quite welcome, and quite free to live the hyper decadent lifestyle there they did here. Miss Las vegas? try Macau. Take a jet over to Dubai, where the natives make a smallminority of the population anyway.
The rpoblem is, the rich today are Pirates, people for whom one port of call is just another another place to plunder and captuire slaves. What is worse is that they have the morals or pirates, but all the poltical connections and false venerations of Aristocrats. At least the old schoolAriasto knew they got their money from their country, here, one country makes as nice a log to burn in the furnace as another.
demigoddess
(6,641 posts)sad fact, alright.
DonCoquixote
(13,616 posts)Obama's "these people are bitter so they cling to guns and religion."
And both Hillary and Obama are hated because , at least in these quotes, they spoke the DAMN TRUTH!
Phlem
(6,323 posts)who've lived all their lives like this and have never been anywhere else. Tis fun however to burst they're balloons though. Got this from one of them:
https://www.facebook.com/video.php?v=509362525860946&fref=nf
Now that was a fun POP!
gunboatguy
(6 posts)I beg to differ, my father, father in law, and wife all worked hard started businesses and hired people. Jobs that did not exist before
were created by their hard work and persistence. Lets not drive this train off the tracks with falsehoods and half truths. I worked
for 35 years for a company that was run by the 3rd and 4th generations of a family that started a business that grew to employ
many hundreds of folks. Hillary Clinton has to appeal to the least of us to hold off Senator Warren. Make no mistake about where
her heart is, right in the middle of the big money fat cats that run this country, and they know it.
DonCoquixote
(13,616 posts)I will tell you that the right conditions have to be set up for those buisnesses to make the jobs, conditions that are very, very unllike what the fats cats want. Yes, your father and my father did work their ass off, and did hire people, but unless the cimmunity was behind us, and unless the govt was protecting us from the fatscats, we woul be just another place where a Wal mart went up.
That is no half truth.
rogerashton
(3,920 posts)that small businesspeople work hard and have to be very resourceful to make it work. I am arguing that businesspeople are not gods. Some of our big entrepreneurs seem to get very angry at the fact that they are not worshipped as the sole "creators" of prosperity. I don't detect that sort of anger in this post, but look: the energy companies claim, in a recent big commercial buy, that THEY create jobs that use energy. Wall street bankers claim that THEY create jobs by lending money. I'm just saying that all these people who say that THEY are the creators of jobs are equally correct. And since they cannot all be correct ....
(By the way, this is an old issue in economics. It is called the imputation problem. Conventionally we rely on "marginal productivity." On that basis, nobody can be responsible for 100%.)
gunboatguy
(6 posts)Hillary has become a tool of the 1%. That's where the money come from to run for president. We are running on empty when it come to real leadership.
hrmjustin
(71,265 posts)Thinkingabout
(30,058 posts)have any customers and is not selling a service or product is not going to be hiring anyone and will probably be closing the doors. If more of the middle class had larger wages then we would be spending more money, creating more demand, increased sales to companies, ergo, an increase in products and services whereby more employees to provide the products and services. This is opposite of Reagan economics, the trickle down failure we live with today.
rogerashton
(3,920 posts)I think there are two different things, here. Trickle-down is a failure, agreed. But the issue was: can one or another of those who cooperate to meet human needs and wants claim to have been the only "creator" of that cooperative activity? All the talk about "job creators" creates more confusion than anything else.
Thinkingabout
(30,058 posts)Response to rogerashton (Original post)
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