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jollyreaper2112

(1,941 posts)
Sun Feb 2, 2014, 12:40 PM Feb 2014

Rich people don't create jobs; customers do [View all]

http://www.businessinsider.com/rich-people-do-not-create-jobs-2011-12

It's a great read. The basic point is the boss always goes on about how he isn't running a charity. That's right! He's not going to employ people when he's not turning a profit. That's charity thinking. So he may start a business but if people aren't buying, he's folding.

The comparison made in the article is a tree. The seed didn't become a tree all by itself. Without the right soil, good air and sunshine, it's going to sprout and put forth its first leaves and die. So yeah, you couldn't have the tree without the seed and the DNA inside but you also can't have the tree without everything else.

One other point about businesses. They aren't in the business of providing jobs unless its for idiot nephews. They are in the business of being as efficient as possible. Anything that sheds jobs and maximizes profits is fine. If they can get rid of every American worker, they'll do it in a heartbeat.

Businesses are about creating jobs every bit as much as they are about paying taxes: they want to do as little of it as possible, use every trick to avoid it and regret every dime spent on it.
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