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If there are no consumers then there is no revenue for a business. It's as simple as that.
The rich only invest when the see a market for goods and service THAT WILL BE CONSUMED.
Simple equation isn't it.
Now take it to the next level and apply that same logic to the entire economy.
When you take money from the consumers and give it to the 1% as we have done over the past 60 years, it causes recession.
Recession in turn, causes unemployment, which causes fewer goods to be consumed, and it causes a cycle that can only be reversed by transferring wealth back from the 1% back to the 99% to be used in the economy.
without investment capital to start a company there is no product for the consumer to buy
Bull, I never borrowed a dime in my 18 plus years in business. Have you ever even started up a business before? There are thousands of start ups created every year with nothing but skill and a handful of tools. Every tradesperson I know started out that way. Some, like me grew their own skill into a business that employed dozens of other people. Every job created based solely on demand.
In other words, a boatload of money won't create jobs, without demand. If you don't have consumers, a promise of return on your investment and then some, you'd be foolish to hire people. Job growth requires demand, not a boat load of capital. Let me ask you this:
If you had $150K to start a business and had one of the two time frames to choose, which would be it, and why one over the other?
A- September 2008
B- September 2011
Consumption of goods and services is the incentive to put forward the capital you speak of. Just having a boat load of money doesn't create jobs. An investor looks for returns, not running charity, creating jobs without concern of having consumers. In other words, without demand, capital is as good as gold is to a person dying of thirst in the middle of the Sahara.
Using that boat load of money to start a business creates jobs. You have to have the money to create a product to sell to the consumer to then make more money hire more people.
Bull, I never borrowed a dime in my 18 plus years in business. Have you ever even started up a business before? There are thousands of start ups created every year with nothing but skill and a handful of tools. Every tradesperson I know started out that way. Some, like me grew their own skill into a business that employed dozens of other people. All hired based solely on demand.
So you used your money to start up a company good for you. You can not start a company with out investment
Bull, I never borrowed a dime in my 18 plus years in business. Have you ever even started up a business before? There are thousands of start ups created every year with nothing but skill and a handful of tools. Every tradesperson I know started out that way. Some, like me grew their own skill into a business that employed dozens of other people. All hired based solely on demand.
i think that is a good point.
there are a lot of ways that jobs are created-some need capital pumped into them, some people invent something, and some people just figure out their own skill set and build it into a business.
all those little businesses up and running helped the economy function, and facilitated higher employment.
Using that boat load of money to start a business creates jobs. You have to have the money to create a product to sell to the consumer to then make more money hire more people.
You would be a fool to start a business with a boat load of money when people are refusing to be a customer. Have you run ANY business?
Quote:
Originally Posted by Kirdik
If there's no potential demand I won't, but that doesn't mean consumers create jobs either.
What was creating jobs in the 1990s? What was causing a terrible state of job growth in 2003?
And for the two of you, as I offered a choice to floridasandy above...
If you had $150K to start a business and had one of the two time frames to choose, which would be it, and why one over the other?
A- September 2008
B- September 2011
You would be a fool to start a business with a boat load of money when people are refusing to be a customer. Have you run ANY business?
What was creating jobs in the 1990s? What was causing a terrible state of job growth in 2003?
And for the two of you, as I offered a choice to floridasandy above...
If you had $150K to start a business and had one of the two time frames to choose, which would be it, and why one over the other?
A- September 2008
B- September 2011
\many fools have started a business with a boa tload of money and failed. Solyndra for one
lol, you just don't get it. Without demand there are no jobs. A company doesn't hire thousands of workers, begin making widgets and then begin looking for customers. The demand, customers with cash in hand, needs to exist before you make your first widget otherwise you have a Segway fiasco with production far ahead of an demand.
Funny, most businesses start off very small. Ray started of with one McDonald's store. It took years to grow. Same with Col. Sanders, you start small and demand drive growth. Col. Sanders wouldn't have grown with capital infusion it was demand for his chicken that made him a success. DEMAND rules, otherwise Churche's chicken wouldn't be a failure.
The country is littered with companies that failed because of a lack of demand. Cash wouldn't save Clarkins or Fisher's Big Wheel.
How many people have you hired and paid by being a customer? I believe that you want to have some kind of socialist heaven when what you believe is what happens.
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