Don’t let anybody tell you that it’s corporations and businesses that create jobs
 

“Don’t let anybody tell you that it’s corporations and businesses that create jobs”

This statement was recently made by a leading national figure. I have deliberately omitted the name and source of the quote to avoid making it political.

I’m more interested in the philosophical mindset of someone who would actually attempt to make this argument. Not only does it fly recklessly into the face of reality, it seems to reveal the inner collectivist poking its head out.

So the question I have is ... if business and entrepreneurs do not create jobs, who does??

Had to keep it non-political when the implication is that we need bigger government.

When I read that she had said that, my jaw dropped.

It has really become less than subtle recently hasn't it ?

The man in the moon?

GEEZ - "She" hasn't made sense about a lot of things - In my opinion, of course.

I have not seen this speech yet. In exactly what context was that phrase taken and can you link to the speech?

I want to keep all politicians names off this thread so I'll send you a PM with the link

Thanks, got it.

Well, the speaker of the quote was absolutely right. Trickle-down economics has been tried and it failed miserably. Corporations that take their profits offshore and outsource their labor overseas are not helping America.

Listen to the entire speech instead of just 13 words and you just might come away with some insight on what was said.

Too many people just listen for a tiny phrase of what was said and try to make that sound like the speaker does not have a clue instead of listening to the entire explanation of what was said.

:BigApplause:

There are two ways to grow jobs, the right way and the wrong way. for the last six years the only segment growing has been government. When government grows essential resources are used up to produce nothing while taxpayers burden is increased. Not only is growth and production stopped so is innovation Central planning as seen in the FED (central banks) have yielded Wall Street a 75% return while starving seniors. With all of government's monetary policy they have been unable to life us back to robust GDP despite the fact the recession ended 2009. Government has therefore decided that housing is the key to lifting the economy and has ruled the same irresponsible underwriting practices to secure a mortgage setting us up for a second housing bubble.

The only way out of this mess is to return to market basis activity. This will require government move out of the way (meaning dropping costly and time consuming regulations) and let enterpreneurs thrive.

Now this is not political its simple economics

And yet millions of Americans, many who complain about jobs going off shore, support this by standing in line for hours to buy their iPhones, from an AMERICAN company, built where? CHINA!

Uh, I did listen to it in full. The interesting point to me, as I said, is the collectivist mindset that seems to poke its head out.

Trickle down has become a worn out phrase ... fix the tax laws and open up energy production in a more fulsome manner ... the jobs and wealth will return. I really have never understood why a lot of people don't get that. Anyway, thanks for your comments.

You make an excellent point ... people who complain about income inequality overlook the obvious .... the Fed has been the single largest contributor to this phenomena in the past few years. Printing money on a massive scale will do that.

The "deficit" in understanding here is all about economics and markets

If you don't believe in capitalism, free enterprise, and the private sector, then you don't believe in the principles upon which our country was founded.

Correct.

Another way of putting this is ... if you don't believe in the items you mentioned, that what you do believe in (whether it's recognized or not) is poverty, corruption and statism complete with crony "capitalism"

A couple of days ago there was a thread here on Gasoline Prices. One conservative poster wrote something like, "What happened to Buy American when the price of imported gasoline is less than what the drilling costs are in this country?" That is not an exact quote but very close to her post.

So, the free market system is best in this instance as well?

When we grew up, we spent within what we earned and saved so we could buy a house and provide a comfortable living for our families. Today, too many people are living a champagne life on a beer budget. They want what the neighbors have and to do without they say is wrong and unjust.

She knows who'll create jobs - she knows much more than all of us. "Bigger government, smiley faced fascism, behavior modification, reliance on government, entitlement, these are a few of my favorite things.

She is showing her ignorance to those who know better. And unfortunately she is pattering to her followers who must unfortunately believe the smut she is peddaling.

Or we could use one of her other well emphasized quotes in a national crisis:

WHAT DIFFERENCE DOES IT MAKE???

The subject of where jobs come from should be a banner issue that underscores ones incompetence as well as her view of her constituents.

Don’t let anybody tell you that it’s corporations and businesses that create ...
 

Yes. If American energy producers weren't operating under such constraining rules and regulations, the cost of imported energy would not be less than energy produced in America.

Yes, we are! :thumbup: Just wait until November, 2016, too. :D

Yes we are, can't wait :thumbup:

Now back to capitalism versus socialism or whatever we were talking about.

In the days of the Soviet Union, government created most jobs. Unfortunately they were to produce items that people did not want or, that didn't last. Interesting how things have changed since it collapsed. Too bad we now have pols who want to duplicate that experiment. The same pols who may never have worked in any field where they produced a product, created a job or had to be responsible for a firm's profitability and survival.

They Magically Appear!

Polar Bear: spot on

But for the free enterprise wildcatters who moved forward with fracking the Energy Dept would be scratching their heads. government picks losers wind solar are failing and shown not to be environmental friendly as greenies purport. Free market free up so much oil so what did government do refused Keystone. so free market went to plan B and moved it by railroad. Boom government comes back with superficial safety rules to stop shipping by rail.

A classic example of what the effect of government regulation compare USA trains compared to Japan China France Russia.

Dodd Frank is destroying business with its stupid regulations which by the way do nothing to protect too big to fail .

We need to eliminate the FED Dept of Energy, Dept of Education, to start

Consumers Create Jobs
 

Regardless of tax breaks, business owners will not hire people when demand for their product is low and inventory is high. Middle class wages have been stagnant and declining for years, the American consumer is weak. Lower paying service jobs have replaced many of the better paying manufacturing jobs lost to other countries.

Unfortunately the changing global economy has produced very cheap labor in countries evolving from a farming to an industial economy. Neither political party can change this and how it effects our economy.

Major shareholders of corporations that go offshore are union pension funds, who along with other shareholders push public companies for more and more profit. These same shareholders also push corporate boards to reward executives who put shareholder interests ahead of the actual company. I think many anti-corporate people need to look a little closer to home for blame, like into your own pension structures.

And pimps.

??
 

Kitty!!!

Exactly
 

Rubicon, you are dead nuts on!! It really is almost too simple. We, the producers, make the products that the market place purchases. The government taxes the producers. We pay the taxes and the government wastes most of it. We make it. They take it. We are the makers and they are the takers. They produce *nothing*! While there are certain programs that are needed, primarily that of protection, the government has gotten terribly out of hand. It has become a breeding ground for power and wealth; power over the people and wealth (that you and I generate) which they misappropriate into their own pockets.

As we've all heard I'm sure; "our government is the worst in the world except for all of the others".

Private industry creates the jobs and expands the economy. Government takes from production and adds to its power and base. Our economy will never truly recover until and when we downsize the monster that we've allowed to metastasize.

Sounds as if some posters may need to retake Economics 101.

I found and read the entire speech and it scares the H out of me. How can supposed to be smart people believe in such garbage? Socialism does not work. Fails or on its way to failure everywhere it has been tried.

Private industry and small business create jobs. The only reason business moves jobs off shore is competition. If my competitor does it and I don't than I will fail and go out of business. Unless .... Anyone care to guess?

It's called corporate taxes. We have the highest in the world. Lower those to zero and other countries would be moving their jobs here. Yes some jobs belong off shore for the cheap labor. But we have moved skilled labor offshore to lower corporate tax impact and improve our ability to compete in the global economy.

Even our government who complains about off shore job movement, moved 15,000 highly skilled jobs from the US to Russia when they canceled the shuttle program and moved all NASA maned space flight to Russia.

We need less government, not more. As our government has grown, our ability to improve our way of life and standard of living has declined. And that trend will continue if we don't reverse the growth of government. Our bloated government is the problem, not the solution.

All this sounds like a subtle political commentary to me. I would hate to see Talk of the Villages become a place for this commentary- there is more than enough vitriol
to go around on other outlets. Keep it about the Villages!

Once again, you have said it clearly, Chris.

THAT is Economics 101, Sandtrap.

Keep our business IN this country and grant corporations tax relief. It is a GOOD thing, not a bad thing. It brings jobs to Americans. How many of us depended on large corporations for their livelihood all of their lives? And ....how many of us feel they took good care of us for the commitment we gave them?

Socialistic government in the United States? Please, not in MY lifetime.

Let us not forget Nafta -
 

Our candy companies went to Brazil, textiles to China and technology to India.

Demand without that no business of any kind

I agree with this. In fact, I find myself doing the same thing sometimes, from the opposite position. It's something you have to guard against in your own self.

Wasn't a trickle-down economics tax-break given to the wealthy over a decade ago that did not create jobs? It was before 2006, because I remember I was still working and was so disgusted that I gave our tax break to our kids, who were struggling at the time to find decent jobs in their fields.

Ok several posters have talked about trickle-down economics. Time for someone to post and define what they really mean by this phrase in terms of policy prescriptives. We've all heard the phrase, but simply replaying the slogan is getting us nowhere.

The basic issue is ...what is the best system and philosophy to grow the economy such that most people benefit. (hint: the outcomes will never be equal but the notion of a rising tide lifting all boats is presumably what we are all desirous of ...)