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Old 02-06-2012, 06:23 AM
 
Location: Near the water
8,237 posts, read 13,523,734 times
Reputation: 3899

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What actually creates jobs, Hanauer says, is not "rich people" or "entrepreneurs," but the economic ecosystem in which companies are created. The entrepreneur and initial investors provide the "seed" that eventually leads to job-creation, but it is ultimately the company's customers that provide the demand necessary to support jobs. Without healthy customers, Hanauer says, entrepreneurs and investors can't create any sustainable jobs, so the idea that rich people create jobs is misguided.


THE BIG LIE:
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Old 02-06-2012, 06:30 AM
 
30,075 posts, read 18,682,634 times
Reputation: 20894
Quote:
Originally Posted by Chromekitty View Post
What actually creates jobs, Hanauer says, is not "rich people" or "entrepreneurs," but the economic ecosystem in which companies are created. The entrepreneur and initial investors provide the "seed" that eventually leads to job-creation, but it is ultimately the company's customers that provide the demand necessary to support jobs. Without healthy customers, Hanauer says, entrepreneurs and investors can't create any sustainable jobs, so the idea that rich people create jobs is misguided.


THE BIG LIE:

Without the seed, there would be no plant, so to speak.

As much as it disturbs you, the rich do create the jobs in America.
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Old 02-06-2012, 06:31 AM
 
Location: Holly Springs, NC USA
3,457 posts, read 4,655,705 times
Reputation: 1907
So do the poor create jobs then?
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Old 02-06-2012, 06:43 AM
 
3,457 posts, read 3,625,312 times
Reputation: 1544
Quote:
Originally Posted by hawkeye2009 View Post
Without the seed, there would be no plant, so to speak.

As much as it disturbs you, the rich do create the jobs in America.
The rich just get their money from the Federal Reserve. You let me borrow from the gub't at 0%, and I will create jobs too.

I picture it like one of those opulent parties, where they have the champagne waterfall. The rich aren't always smarter, or harder working, or more disciplined; they are just closer to the champagne bottle.

[IMG][/IMG]
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Old 02-06-2012, 06:46 AM
 
Location: Near the water
8,237 posts, read 13,523,734 times
Reputation: 3899
Quote:
Originally Posted by hawkeye2009 View Post
Without the seed, there would be no plant, so to speak.

As much as it disturbs you, the rich do create the jobs in America.

It does not disturb me to know the rich are not the job creators, it is us working folk who do. With us, nothing else is neccessary.
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Old 02-06-2012, 06:50 AM
 
3,457 posts, read 3,625,312 times
Reputation: 1544
Quote:
Originally Posted by Chromekitty View Post
What actually creates jobs, Hanauer says, is not "rich people" or "entrepreneurs," but the economic ecosystem in which companies are created. The entrepreneur and initial investors provide the "seed" that eventually leads to job-creation, but it is ultimately the company's customers that provide the demand necessary to support jobs. Without healthy customers, Hanauer says, entrepreneurs and investors can't create any sustainable jobs, so the idea that rich people create jobs is misguided.


THE BIG LIE:
"the big lie", is that Fannie and Freddie caused the housing bubble, and private institutions on Wall Street are totally innocent.

this one you're talking about isn't really a lie, it's just a politically-driven view of economics.
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Old 02-06-2012, 06:55 AM
 
29,407 posts, read 22,021,070 times
Reputation: 5455
Quote:
Originally Posted by Cletus Awreetus-Awrightus View Post
The rich just get their money from the Federal Reserve. You let me borrow from the gub't at 0%, and I will create jobs too.

I picture it like one of those opulent parties, where they have the champagne waterfall. The rich aren't always smarter, or harder working, or more disciplined; they are just closer to the champagne bottle.

[IMG][/IMG]
Go start a business then. What is stopping you? Become one of the evil rich. That is possible in America and what you folks seem to want to take away. The ability to succeed. You would rather everybody work for the government and receive their "liveable wage" however you define that.
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Old 02-06-2012, 06:56 AM
 
Location: The Republic of Texas
78,863 posts, read 46,663,022 times
Reputation: 18521
Quote:
Originally Posted by Chromekitty View Post
What actually creates jobs, Hanauer says, is not "rich people" or "entrepreneurs," but the economic ecosystem in which companies are created. The entrepreneur and initial investors provide the "seed" that eventually leads to job-creation, but it is ultimately the company's customers that provide the demand necessary to support jobs. Without healthy customers, Hanauer says, entrepreneurs and investors can't create any sustainable jobs, so the idea that rich people create jobs is misguided.


THE BIG LIE:


Ever get a job from someone on public assistance?
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Old 02-06-2012, 07:06 AM
 
3,457 posts, read 3,625,312 times
Reputation: 1544
Quote:
Originally Posted by KUchief25 View Post
Go start a business then.

What is stopping you?
i don't have any capital.

i actually have two very good business ideas, one of which relies on my tech specialization, the other of which processes a specialty agricultural product; it would be the only one in North America. Both of these require capital to get started.
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Old 02-06-2012, 07:07 AM
 
25,619 posts, read 36,722,601 times
Reputation: 23296
The chicken or egg argument repackaged.

One word.

Risk.
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