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I see your confusion, which is my fault. I don't know what Scotty's net worth is, but I wasn't referring to the helpers he hires. I was referring to Scotty himself, who works for his clients, all of whom are not wealthy.
Your friend works for himself....his own business....
Yes, Detroit is full of poor people and look at all the jobs that they created! The economy is going like gangbusters over there.
The fact that people spend money does not mean that they create jobs. It's like saying the ocean creates sailing ships. It's up to entrepreneurs to harness that spending power by providing some type of goods or service that people want to spend their money on. And in turn, they must employ people to help provide those goods and services. And the general population only has money to spend when millions of businesses exist to do the same.
If I go buy a burger at a fast food place, I didn't create a job. The owner of the restaurant did by producing a burger that I wanted to buy.
There's no such thing as a "free economy" and there never was (well, at least not since the old barter days when folks lived in caves and hide huts and hunted for their food).
Ken
A free economy has many choices, not restricting choices so only those with deep pockets can compete.
Government is the only entity, that can restrict choices in the USA.
Yes, Detroit is full of poor people and look at all the jobs that they created! The economy is going like gangbusters over there.
The fact that people spend money does not mean that they create jobs. It's like saying the ocean creates sailing ships. It's up to entrepreneurs to harness that spending power by providing some type of goods or service that people want to spend their money on...
You don't think poor people in Detroit find things to spend their money on?
Trust me, when you are poor, FINDING THINGS TO SPEND YOUR MONEY ON is NOT a problem.
How many jobs would there be in Detroit if all those poor people didn't spend a dime?
If no one spent money there would be NO jobs - period.
On the other hand everyone COULD be self-employed and then there would be no need for someone else to "create a job" so theoretically there's no need for employers, but a constant need for consumers. In reality of course, our society requires BOTH.
Quote:
Originally Posted by Supachai
...If I go buy a burger at a fast food place, I didn't create a job...
Sure you did, YOU DIDN'T HAVE to buy the burger. You made a choice to do that, and by doing so you created a DEMAND, which the employer then filled. No demand, no job. How many employers do you know who "created jobs" when there was no demand? That's not to say it doesn't happen - there are clever folks out there who have actually created their own demand with really exceptional products or marketing, but those are the exceptions rather than the rule, generally demand exists first then jobs follow. Hence in the vast majority of cases, it's the consumers who are generally the drivers of job creation - especially here in the US where we have a consumer-driven economy.
It cracks me up when I see these self-professed "economic experts" - most of whom have NEVER hired a single person - proclaiming that "poor people" (who consume things just like everyone else) "never created a job" - when in fact those people who REALLY understand how business works (and are SUCCESSFULL at it) know full well that the very existance of their business DEPENDS on the BUYING PUBLIC. That's the difference between those who TALK about "creating jobs" and hiring people - and those who ACTUALLY DO IT. In a consumer-driven economy like that of the US, ultimately, the consumers decide which businesses survive and thrive to "create jobs" and which businesses go down the tubes - as the owners of many failed firms have learned to their dismay.
Ken
Last edited by LordBalfor; 03-26-2014 at 10:32 AM..
A free economy has many choices, not restricting choices so only those with deep pockets can compete.
Government is the only entity, that can restrict choices in the USA.
Hence there's been no such thing as a "free economy" since the creation of government thousands of years ago - which is pretty much what I said.
The Constitution all but guaranteed We The People a Free Economy... What happened
Remember, the Constitution was unique.
No it didn't.
The very act of TAXATION or REGULATION (of ANY KIND) puts a burden on a "free economy" and therefor eliminates it.
What government has EVER existed without taxation or regulation? - certainly not OURS.
Among the several places in the Constitution that restricts a "free economy" (and therefor makes it a "not free economy"):
"Section. 8.
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;"
So BUILT INTO the Constitution ITSELF there are provisions that put an imposition on a "free economy". A truly "free economy" would have no such thing as import or export duties - and yet the US has such duties secured within the very framework of it's creation.
So, I repeat - there is no such thing as a "free economy" and there has not been since the economy was simple bartering (many thousands of years ago).
Ken
Last edited by LordBalfor; 03-26-2014 at 11:05 AM..
You don't think poor people in Detroit find things to spend their money on?
Trust me, when you are poor, FINDING THINGS TO SPEND YOUR MONEY ON is NOT a problem.
How many jobs would there be in Detroit if all those poor people didn't spend a dime?
Ken
Yes,.. drugs, then that money goes to Mexico or Columbia.
You mean the poor people find things to spend MY MONEY on. The money I was forced to pay to be passed on to them.
Yes,.. drugs, then that money goes to Mexico or Columbia...
You don't think poor people EAT?
You don't think they buy CLOTHES or TOILET PAPER or GASOLINE?
You think that ALL poor people are on DRUGS?
Quote:
Originally Posted by petch751
You mean the poor people find things to spend MY MONEY on. The money I was forced to pay to be passed on to them.
You think that ALL poor people are dependent upon YOU?
That NONE of them WORK?
Somehow those views don't surprise me at.
Ken
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