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How many people have you hired and paid with your demand as a customer? I can't understand how your people think like you say you do.
How many hires does a business person make when they have zero sales over a long period of time? It takes customers walking thru the door to create new jobs.
Consumers are to satisfy the demand that has someone start a business? Or, are you THAT clueless?
As a consumer who is consuming one automobile you most likely can't even pay for it in full and have to borrow money from the rich.
So who's created those jobs that produced that automobile you as a consumer has demanded?
SO you started a business with no inventory and no product
Not listening? yes, my product was my skill. I was a carpenter, kitchen installer, builder, and general contractor. I have filed as a sole proprietor since 1972. I am now retired but have a passive 9 acre farm.
Never borrowed, always spent less than I made. FYI, the first million was a b*tch but each one after was easier.
Not listening? yes, my product was my skill. I was a carpenter, kitchen installer, builder, and general contractor. I have filed as a sole proprietor since 1972. I am now retired but have a passive 9 acre farm.
Never borrowed, always spent less than I made. FYI, the first million was a b*tch but each one after was easier.
And you most certainly always required at least some capital upfront before you would start a job. When you weren't busy you might make some furniture or something to stay busy and possibly bring in some income. No one in housing during a slow time just sits on their behind, they try to drum up business or build things on the side to see if they can sell them.
I think you're being disingenuous by claiming the only time you did anything was when someone wanted something.
And you most certainly always required at least some capital upfront before you would start a job. When you weren't busy you might make some furniture or something to stay busy and possibly bring in some income. No one in housing during a slow time just sits on their behind, they try to drum up business or build things on the side to see if they can sell them.
I think you're being disingenuous by claiming the only time you did anything was when someone wanted something.
Capital comes from consumers. Did nobody watch the TED talk? Should be mandatory reading around here...
This is the slide presentation that the current TED conference deemed "too politically controversial".
The slides show the inverse relationship between the tax rate for the top 1% and the unemployment rate.
Anyone who's ever run a business knows that hiring more people is a capitalists course of last resort, something we do only when increasing customer demand requires it. In this sense, calling ourselves job creators isn't just inaccurate, it's disingenuous.
That's why our current policies are so upside down. When you have a tax system in which most of the exemptions and the lowest rates benefit the richest, all in the name of job creation, all that happens is that the rich get richer.
Since 1980 the share of income for the richest Americans has more than tripled while effective tax rates have declined by close to 50%.
If it were true that lower tax rates and more wealth for the wealthy would lead to more job creation, then today we would be drowning in jobs. And yet unemployment and under-employment is at record highs.
If you own a business, and create some product or service that people need, want and desire, and you need to hire people to help you, then you are a job creator. If you are very good at what you provide, and so many people buy your product or service, that you need to hire more people to meet your customer's demands, then aren't you an even bigger job creator?
BTW, what does the 1% or tax rates have to do with creating jobs? Unless it is to say that tax laws and regulations get in the way of job creation.
Capital comes from consumers. Did nobody watch the TED talk? Should be mandatory reading around here...
Not in the industry he is maiming to be in. It's pretty standard to require 50% or so up front for jobs depending on their size. If required, the other money the GC and/or contractor will put forward.
Just like how capital came from investors for R&D for something like the supercomputer.
Surely you don't think a manufacturing line with something like million dollar Fuji machines for PCBs comes from the customer before they ever get a product?
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