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1) Thanks for the economy lesson. It was fascinating.
2) One question still remains: where is the heavy taxation you are talking about? I don't see it. Is the taxation heavier then in Germany, UK, Scandinavia, or anywhere in the western, developed world? Is taxation heavier then in America of the 50s or 60s when jobs were plantiful? (Please be specific.)
Start your own business building something, and after you've managed to start making a return on your investment, come back and tell us what burdens you've faced. 90% of them will be from government, in the form of regulations and taxes.
No one gives you a job because you need one. Not because you are a good person, not because you are breathing, can fog a mirror and/or are entitled. You get a job because someone needs some work done and is willing and able to pay you for it.
Employees typically cash a paychecks. Entrepreneurs, don't cash a paycheck at all. They put up the capital, take responsibility for loans and other financing, pay the expenses (including your paycheck).
If, over the course of months or years there is more revenue than expense, they enjoy profits which enable them to live well and invest in another round of entrepreneurship. If there is less revenue than expenses, and if the losing trend is not reversed, the enterprise eventually fails, and the entrepreneur goes bankrupt
What you get paid as an employee is not a share of the profits that your work makes possible, but an advance on the speculation of the profit.
When heavy taxation, anti-business or anti-'rich' rhetoric from powerful politicians, instability and overbearing, unpredictable, and capricious regulation reaches a critical mass, the risks become too great for the investment to proceed. Capital goes on strike or looks for opportunities elsewhere, overseas. Kiss your job (or if you're lucky, your hours, your benefits and/or your raise) goodbye.
jobs are a function of consumer demand. Rich people are not job creators. An entrepreneur doesn't start a business to create jobs. They start a business to meet a demand in the marketplace and to make money from that demand.
jobs are a function of consumer demand. Rich people are not job creators. An entrepreneur doesn't start a business to create jobs. They start a business to meet a demand in the marketplace and to make money from that demand.
Of course entrepreneurs don't start businesses to create jobs duh! But if an entrepreneur is successful and enough demand is created they will hire people to help fill that demand.
Democrats act like that profit motivation is a bad thing and begrudge the very success that results in jobs. Funny thing is those very people who think profit (making money) is a bad thing want jobs to make money.
Start your own business building something, and after you've managed to start making a return on your investment, come back and tell us what burdens you've faced. 90% of them will be from government, in the form of regulations and taxes.
I know many who own their own business in my community. No there are not wealthy but they do a great business because the community supports them. They have no complaints about government. But these are mom and pop stores, not the wealthy.
Where is the heavy taxation? Of course you don't see it oberon because the government got the money that could have been used to pay you. The money paid in taxes could have been your paycheck. Oh too bad, your paycheck went to the government instead. Oh weelll, it's what you voted for
I have to say, excellent answer to my question! Well done...
I know many who own their own business in my community. No there are not wealthy but they do a great business because the community supports them. They have no complaints about government. But these are mom and pop stores, not the wealthy.
Obama went after those mom and pop business owners he didn't go after increasing taxes on the wealthy.
Of course entrepreneurs don't start businesses to create jobs duh! But if an entrepreneur is successful and enough demand is created they will hire people to help fill that demand.
Democrats act like that profit motivation is a bad thing and begrudge the very success that results in jobs. Funny thing is those very people who think profit (making money) is a bad thing want jobs to make money.
So then demand generally precedes supply?
Profit motivation is great. Democrats acting like it is bad thing is just a false strawman created to prop up a silly argument.
The issue of job creation here in 2013 is pretty complex. One factor that doesn't include govt taxation or regulations is globalization and technology.
Profit vs Wages
Simple fact of the matter is that companies and businesses have gotten really good at stretching a dollar.
Dont' be so naive to believe for a minute that these politicians will write laws that hurt their own pocketbook.
I think Wal-Mart got rid of a lot more than they did..............
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