Wake up, giving money to rich will not create jobs.
invite response
2012 Nov 2, 8:58am 53,269 views 138 comments
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Excel Spread Sheet inputs. Tax 2 Million families more than a year more, = ~ . But the US with its needs (need large screen, ne car, not an entitlement!).
Can anyone explain the effect of $40 Billion per year of new tax revenue on $1Trillion dollar per year deficit spending plus new baseline of $16T?
Expected value brackets dont work in this forum. Should say $40T per year revenue.
Bellingham Bill
2012 Dec 9, 3:40am
How many jobs were lost each month at the end of the Bush fiasco?
http://research.stlouisfed.org/fred2/graph/?g=dE9
shows the monthly declines were 200,000 per month for the first half of 2008 and then 800,000/mo during the worst of it (4Q08/1Q09).
Bellingham Bill
2012 Dec 9, 3:47am
http://research.stlouisfed.org/fred2/graph/?g=dEb
yikes, that graph is looking pretty weak at the end.
http://research.stlouisfed.org/fred2/graph/?g=dEu
ah, that's better
Why do people think that once Bush was out of the office, he was no longer damaging our economy, and blame Obama? It took 8 years for Bush to do the damage. How do you think it can be fixed in 8 years? Don't you know fixing something takes more effort and time than to damage?
Tenpoundbass
2012 Dec 10, 3:33am
While letting out of control Liberal pipe dreams creates Jobs in China.
Obama's golden boy company 123 battery manufacture, has been sold to China
While letting out of control Liberal pipe dreams creates Jobs in China.
Obama's golden boy company 123 battery manufacture, has been sold to China
Another failed investment scheme to create jobs. So what's new? People gotta realize it is not the investment that creates the jobs. It is the profit. The investment is merely there to drive the slaves to work harder, so they can extract more money from the slaves. And the rich people are just denying this.
If you had too much money to invest, you will soon realize that you are running out of resources to invest in. Then you need to create the resources to invest in by engaging in a risky, almost criminal type, investment. Well, the investors demand that their money being used to create more money, not jobs. The balance should be maintained between the resources and the investment in a healthy economy.
So I don't deny investment. But you need to consider the reason for investment. It is always for the return. I have never seen any investors demanding their money be used to create jobs. (Well, Wang said to this effect, but I highly doubt he is an investor. He is just a lying troll from China.) So to create jobs, you will ultimately need to keep the rich investors happy by giving the investors the portion of your hard earned money. The relationship is like a parasite and a host. If there are too much parasite, it will kill the host. Too much investment has the similar effect. Hence my thread.
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The jobs are created only when the company needs people to create products, goods and services, not when they have money. I don't understand how you can be fooled into thinking that just because the companies or rich investors have more money from the tax break, they will hire. Do you think they will hire you to just sit around without producing anything, just because they have money to burn? You just wanna free money? Or you want to get paid for your hard work?
So why do you believe that giving money to the rich will create jobs? It seems to decrease the value of your money. The company is not going to hire you based on how much money they have saved or get from the investment but how much labor they need to produce or develop goods or services. So why?