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he was poor, and he created jobs for me and others, case closed.
as YOU said,
Quote:
No, this thread is about the ability of poor people to employ other people.
let's not forget, there are almost 5,000,000 small businesses very similar to what I had. Some bigger some smaller. but most of those people are scratching their head trying to figure out how they are going to fund their next payroll. their are many functionally poor people employing people.
Quote:
Originally Posted by pommysmommy
How is my premise busted and how did your Dad missing digits have anything to do with the OP? Did your Dad issue you a W2? Did he pay benefits for you like health insurance and paid vacation?
he was poor, and he created jobs for me and others, case closed.
as YOU said,
Ridiculous. Did your Dad make a profit from his business? If he was poor how could he afford to pay wages and payroll taxes for the people he employed?
Poor people do not have the extra funds to hire someone.
I am one who believes most poor people are poor because they wont work or work harder. If you are healthy there is no reason to be poor period.
People with money and brains do the hiring, you wont find a poor person with any brains remain poor for long. If they were smart they would not be poor.
Far too many ways to earn a buck to be poor if you have some brains.
he was poor, and he created jobs for me and others, case closed.
as YOU said,
let's not forget, there are almost 5,000,000 small businesses very similar to what I had. Some bigger some smaller. but most of those people are scratching their head trying to figure out how they are going to fund their next payroll. their are many functionally poor people employing people.
Do not believe it.
No way could someone be poor and create jobs for more then one person let alone others.
He was losing money or he was using SOMEONE ELSES money.
Been there done that and not going to happen.
Question for you:
What was his annual income if he was poor? Please tell.
Yes there is but how is your post sequitur to the OP? If you imply that some businesses pay employees on a credit basis, I would say that those people do not have viable businesses.
It's a known fact that nearly 90% of our mid-range to larger companies in this country borrow money every year to make payroll .. It's their good credit that keeps the jobs flowing.
Seems unemployment is higher these days partly as a result of the lack of these companies being able to borrow from the bank like they once did ..
It's a known fact that nearly 90% of our mid-range to larger companies in this country borrow money every year to make payroll .. It's their good credit that keeps the jobs flowing.
Seems unemployment is higher these days partly as a result of the lack of these companies being able to borrow from the bank like they once did ..
This thread is not about companies borrowing money to make payroll.
Ridiculous. Did your Dad make a profit from his business? If he was poor how could he afford to pay wages and payroll taxes for the people he employed?
Um, wages and payroll taxes are expenses figured into the costs of a job. Profit on the job pays the owner's salary in this type of business.
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