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"