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Sure it's semantics, but there is a valid point that if you got the entire middle class not making any money, they aren't going to spend money. If people don't have money to improve their homes, Home Depot is not going to be busy. If they are not busy, they are laying off their employees.
Whatever is "done" to these poor businesses via taxes and regulations could be more than offset should the middle class of the country, i.e, the CONSUMERS get enough money back in their pockets so they can start getting new hardwood floors, granite countertops, and refrigerators. We've already had it proven to us that taking out regulations and lowering taxes on business isn't making businesses up their payroll numbers. And sure, increasing taxes and putting more regulations on them, in the short term, may cause a panic but if you can get the people spending money again, they will rally, I'm sure of it. They will need employees to meet the demand.
But it's a vicious cycle. Companies have learned to work employees harder, for less, and still make more money. So no new jobs, therefore, less spending by consumers.
Let me ask this. How does creating more regulations and increasing taxes help the middle class spend more money? Basic economic principle will show you that the economy is cyclic in nature and actions by a government can either extend or shorten the troughs in this cycle. I contend these actions, at this time, have served to extend and deepen this current trough.
Odd. I've never had a paycheck issued by a consumer.
I mean its really bizarre...
consumers won't spend anything if they didn't have something to spend it on......
I mean who the hell thought the computers would become useful for household use?..especially when the first ones took up the space of entire rooms.......if it wasn't for businesses having that foresight and further pushing it to become cheaper, smaller and faster no one would be here telling us how "evil" capitalism is....I mean do you really believe the average consumer would have thought computers would have had the potential to become a key item in the household one day in the future?
and many business waste money for years until it finally become profitable....they are taking a loss, all the while still providing a job for people until whatever product or service they have becomes successful...no, people spending money is a critical factor to job creation but it isn't the only part of it.....
employers have to first put up capital and investments to hire you and then provide and sell a product...consumers don't first spend money and then a job and a product is provided...they spend money on stuff that has already been made and put together by people, salaries has already been paid out before one product has even been sold ...
not to mention they have to stay on top of the market if they want to stay in business....do you think the average worker have to worry about securing future contracts from competition?...even though the consumer is going to buy whatever is in front of them, it comes down to who gets to put it in front of them...
saying "consumers create jobs" is incredibly economically ignorant....but not surprising...I too would be mad at those who are more successful then me and would have to come up with all kinds of excuses for whatever "insecurities" I have......I mean if they have to admit that they actually did create jobs then they to would have to admit that maybe, just maybe their wealth is rightfully earned...so they can't do that....
I just fear that they may take their ignorance to the voting polls and drag everyone down with them....and for those who somehow manage to escape and still maintain some wealth are of course going to be labeled as "evil"....
I remember reading some story, and this was at the beginning of the meltdown that many people started to hide their spending habits out of fear from the "evil eye"...because many thought it was "shameful to be spending their money why others lost their homes"..yes they should be ashamed because they manged their money better and didn't take out sub-prime mortgages they knew they couldn't pay back..
saying asinine things like "people who invest, organize and start companies and pay salaries don't create jobs, its consumers....like me"...as a way to diminish their importance....why?...don't really know, to tax them more?..to justify their own short-comings?...to "regulate" more so they can get their "fair share"?....because they have "too much money"?...don't know...
I have said this in my previous posts..you can look them up, and I have been saying this for years....whenever legitimate criticism from real business people on the govt restricting and hindering the economy, pro-big govt lefties dismiss it because it harms their pro-big govt views...
don't know why you people dismiss the claims of those who actual have to hire and maintain a business for people who never even had a job outside a cushy govt office..never had to worry about staying profitable..
you want jobs, but you side against those who are making it harder to give you the jobs you want and who never really had job outside of govt grants themselves, never had to worry about making a profit......is ideology so important that you would harm yourself to uphold it?...wouldn't surprise me the answer was "yes"...
Let me ask this. How does creating more regulations and increasing taxes help the middle class spend more money? Basic economic principle will show you that the economy is cyclic in nature and actions by a government can either extend or shorten the troughs in this cycle. I contend these actions, at this time, have served to extend and deepen this current trough.
The whining about "more regulations" and "increasing taxes" is getting old. Why in the hell should business operate without regulation?
Indeed he is. Most people are totally ignorant of the new regulations obama is putting in place, through the HHS, Interior and especially the job-killing regs from the EPA.
More and more business leaders are speaking out against this anti-business, anti-capitalism administration....which is a good thing.
All true. Obama has never worked in the private sector and neither has the vast majority of his minions...which is a problem.
Well, who can blame them? From the very start, obama has played class warfare, rich vs poor and demagogued virtually every sector of this economy. It has trashed and attacked the very people he needs on his side - the job creators. No wonder they are sitting on their hands, waiting for this disaster to vacate the WH.
His instincts are socialist in nature. He is also vindictive, petty and will go after those that speak up.
Oh thank you so much. I say it on here all the time, my banker investor last year, warned me about Obama, and how bad he is for business. The stupid regulations are a killer. Said most businessmen, cannot stand Obama, and that Obama was not good to get our economy going. Funny thing this was last year, and things are not good, on the contrary, they are evil and bad. This economy cannot go any where with Obama except deeper and deeper into the deep blue Sea. We are sinking, and i was told this last year. Can't see it, you people don't live in the real world. I was told other things, i will keep under wrap. Moved some investments around, and glad i did. This is Obama's agenda, to keep us failing. He is very vindictive, petty, childish, and inmature, because you cannot disagree with a thing this President says. I was told last year, also that our housing crisis, it ain't going no where, it is going to be down for quite some time, bad for our most prized possesions, our homes, because the value they once held, they no longer do, and so many fine hard working Family's are under, and will lose a home.
I'll only get 3 burrito supremes instead of 4 today at Taco Bell so I can deal a crushing blow to POTUS' agenda!
LOL!!!!
I guess you think that kind of spending creates demand, which leads to businesses hiring.
The kind of spending I'm talking about that creates demand is for items like, cars, furniture and everything else you put in a house, luxury items, jewelry, electronics and everything in between.
Maybe you're one of those people that agree with pelosi - that food stamps are the greatest stimulator out there?
The whining about "more regulations" and "increasing taxes" is getting old. Why in the hell should business operate without regulation?
Let's not be melodramatic, shall we? I did not advocate for a complete removal of regulations, simply stating the increased regulations have put an undue burden upon companies. Between that and increased taxes, it would be foolish to believe this does not have an adverse impact upon businesses and subsequently on the hiring practices of those businesses.
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