Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Seriously, this whole notion that employees are owed something on top of what they are paid is a bunch of collectivist nonsense. A worker provides a service for which they receive a paycheck. END OF TRANSACTION.
Seriously, this whole notion that business owners are owed something on top of the profit they get is a bunch of collectivist nonsense. A business owner starts a business for which he receive a profit. END OF TRANSACTION.
And the owners and CEO's are awarded for their contribution to the success of the business...
It's called a profit!
So why is it all the credit (from the right anyway) for creating those jobs goes to the owner while the workers are typically dismissed as people who should be glad they have a job?
The result more often than not is they lose their shirt and dont earn a profit. They get credit because the owners often times go without checks, or money for YEARS before making it. They get credit for creating a vision, and building upon that vision.
Are you willing to be employed for a few years while you wait for your bosses company to earn a profit?
Quote:
Originally Posted by mmmjv
Seriously, this whole notion that business owners are owed something on top of the profit they get is a bunch of collectivist nonsense. A business owner starts a business for which he receive a profit. END OF TRANSACTION.
Who is suggesting giving owners something other than profit? What are you talking about?
The "job creator" can't really create a "job" without demand, can he? Who creates the demand? The customer/consumer, right? So the real job creators are the consumer/customers. The more of them that you have, the more jobs you have.
How does the money get to the consumer?
Quote:
Originally Posted by WestCobb
That's why you need a good, healthy middle class -- extreme income inequality diminishes the middle class. Progressive tax rates on high income increases the middle class.
how does a high income inequality dimish the middle class? How does person A making $100M a year, mean you earn less? How does taxing person A very high, increase your income?
Bill Gates proves this theory of yours wrong.. He is worth some $60B, but his employees are all very well paid.
And the owners and CEO's are awarded for their contribution to the success of the business...
It's called a profit!
So why is it all the credit (from the right anyway) for creating those jobs goes to the owner while the workers are typically dismissed as people who should be glad they have a job?
You just took it to a whole new level. The profit that is recieved to a corporation is not all paid to the directors and the CEO. Profit is distributed to stockholders and used for reinvestment to grow the business even more. Stockholders are typically normal middle class americans who invest for their retirement. Some of the stockholders are usually employees of the company. Where do you get the notion that only CEO's benefit from the profit of a company and where do you get the notion that there is more owed to an employee than his paycheck? If an employee is so valuable, then why doesn't that valuable employee take his skill set to another job "if" his or her skills are so vital to the success of the company?
The result more often than not is they lose their shirt and dont earn a profit. They get credit because the owners often times go without checks, or money for YEARS before making it. They get credit for creating a vision, and building upon that vision.
Are you willing to be employed for a few years while you wait for your bosses company to earn a profit?
Who is suggesting giving owners something other than profit? What are you talking about?
That's when they're first starting the business and I said in the OP that then they do deserve all the credit for creating jobs. But if they're expanding the business such as opening new branches they sure as hell ain't going without a paycheck
Who is suggesting giving workers something other than a paycheck? (except for some credit which the owners already get) What
The first ones they do, like when a guy opens a small restaurant and hires a chef and kitchen staff and waiters etc. But then when that restaurant does good business and the founder decides to expand, like maybe installing a bar and hiring a bartender or opening for lunch or even opening other restaurants, credit for those new jobs must also go to the employees whose work helped that restaurant succeed and also of course the customers who helped that restaurant succeed
That's when they're first starting the business and I said in the OP that then they do deserve all the credit for creating jobs. But if they're expanding the business such as opening new branches they sure as hell ain't going without a paycheck
Who is suggesting giving workers something other than a paycheck? (except for some credit which the owners already get) What
The fact that they able to expand is because of the years he went without a check. I just helped a guy buy a 2nd business, even though he's gone 5 years without a check from his 1st one.
Where is this notion that you say people think business owners are entitlted to something other than their profit?
The employees dont get credit because rarely are the employees there from the start, to present tense, and many of them wouldnt have gone years without a check to build something. Many of them will work a year, and move on, or quite week 1 there isnt a check.
You just took it to a whole new level. The profit that is recieved to a corporation is not all paid to the directors and the CEO. Profit is distributed to stockholders and used for reinvestment to grow the business even more. Stockholders are typically normal middle class americans who invest for their retirement. Some of the stockholders are usually employees of the company. Where do you get the notion that only CEO's benefit from the profit of a company and where do you get the notion that there is more owed to an employee than his paycheck? If an employee is so valuable, then why doesn't that valuable employee take his skill set to another job "if" his or her skills are so vital to the success of the company?
The stockholders ARE the business. That's like a worker saying that his paycheck doesn't all go to himself because he has to give it to himself plus he has expenses like food and clothing and rent
The stockholders ARE the business. That's like a worker saying that his paycheck doesn't all go to himself because he has to give it to himself plus he has expenses like food and clothing and rent
The "job creator" can't really create a "job" without demand, can he? Who creates the demand? The customer/consumer, right? So the real job creators are the consumer/customers. The more of them that you have, the more jobs you have. That's why you need a good, healthy middle class -- extreme income inequality diminishes the middle class. Progressive tax rates on high income increases the middle class.
Quote:
Originally Posted by mmmjv
That owner can not expand his business without that waitress, or accountant or bartender or manager or janitor etc. In fact he can't even get his business off the ground without them unless it's a very small one where he's the only one working there
You guys would be surprised how much more willing to share the "rich" , "business owners" would be, if they didn't have people threatening to take their money whether by higher taxes, costly regulations, or lawsuits.
B.c of these HUGE FEARS by the job creators, they chose to hire as little as possible, and COLLECT AS MUCH FOR THEMSELVES as they can, b.c they know how competitive the limited consumer demand is, but more especially they know of the CRONY CAPITALISM, that one new law/regulation, could wipe them out of business in a heart beat.
B.c we don't have a truly free market, but let Government intervene whenever they want, it creates greed of owners, and weakens the trust of owner/employee relationship.
It's amazing that some people can't think logically. I know, almost everyone knows, that demand is what causes businesses to succeed and to grow. But there are things that can stop businesses from growing or succeeding, like taxes/regulations. If you ignore that critical factor and say only demand matters, you are not being intellectual honest with yourself.
I hear Stossel is having a good show tonight about regulation of businesses. Should be another good one, he's truly one of the last great actual journalists.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
