PatriotsReign

Because they don't.

Jobs are only created by increased sales which are made by the middle class.

DEMAND & SPENDING is the only thing that creates jobs.

If you analyze who increases demand and spending, you'll find that the greatest percentage of it is created by the middle class.

Business owners do not create jobs without increased demand and sales by the middle class, so let's stop the bs with "the wealthy are the job creators".

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mcgraw_wv

While your 100% correct.. companies like Facebook require capital investment ( Wealthy People ) to take a risk on an idea which ends up employing thousands of people.

Yes, increasing the demand for goods and services would do the trick as well, but increasing investment in start up has the chance to create the next google, facebookbook, linkedIn, etc...

It's a balanced approach.

Charlotte Pats Fan

Business is in business to create demand and sales of their products. No demand = no sales= no business=no employees.

Why would any business owner hire new employees if the demand and sale of his product wasn't there? They wouldn't.

PatriotsReign

I agree mcgraw, but if we added up all the jobs increased demand creates vs. start ups (of which most fail), my guess is that increased demand jobs would dwarf start-up created jobs...but I could be wrong.

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wistahpatsfan

So then...why NOT raise taxes on the upper 2% (or whatever)?

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mcgraw_wv

How do you plan to increase demand? That sounds like central planning to me...

Who is going to decide which products should be increased in demand? who get's to decide which products have enough demand?

Your talking about economic communism.

The reason why the focus is on investment is becuase its a 100% free market approach to growing jobs. No one but free people with money can decide which business ideas they want to focus on.

And most start ups don't fail, they just don't become HUGE successes like facebook and google, etc...

The government should not be in the business of dictating demand or supply... let the market figure it out based on what people want... not what we think is best for their needs.

PatriotsReign

I agree 100% mcgraw and have always said the economy is not the responsibility of gov't to "Fix" because it can't be fixed. It has to find it's own balance before a solid foundation is formed for prosperity.

The only way to increase demand is for "Disposalbe income" to increase. And the only way demand can/will increase is for the middle class to experience increases their total disposable income. and that means more people working.

It's both simple and complicated.

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Holy Diver

In a related story:

Cisco Said to Plan Cutting Up to 10,000 Jobs to Buoy Profit - Bloomberg

Cisco Chief Executive Officer John Chambers is the 9th highest paid CEO.

$37.9 Million/yr

so 10,000 people (7,000 after the buyout/early retirement peeps) lose their jobs, and 1 guy gets to keep his $37.9 million salary?



Cisco has also avoided 7 BILLION in taxes since 2005 by using an office in Switzerland.



Biggest Tax Avoiders Win Most Gaming $1 Trillion U.S. Tax Break - Bloomberg



I'm not a rocket scientist, but it sounds to me like a TON of money isn't being paid to the government, nor being used to "create Jobs" by the "Job Creators"


so since 2005, they have had an effective tax rate at 19% http://thinkprogress.org/economy/201...ica-low-taxes/

and with the low rate, and even lower rate of offshore taxes, they have managed to cut 10,000 jobs.


and the remedy to get americans working agin by the right is to cut taxes MORE?


insanity

PatriotsReign

Some good points here HD...how would you propose increasing taxes will be used to create permanent jobs?

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Holy Diver

OT:

First and foremost.

I think, as a nation we need to pivot, and pivot HARD.

1. Increase taxes on corporations who export jobs to 90% (Tax Breaks for those who keep them home) Eliminate tax loopholes.
2. Eliminate taxes on anything manufactured in the United States.
3. Use a fixed portion of revenue increases strictly to pay down the debt.
4. increase education spending, infrastructure and invest in renewable energy. This is the jobs creator, this is the BIG PIVOT. Fossil fuels pollute, they give our $$ to terrorists, and rogue governments. If we lead the world in the next generation of energy production, we run the next 100 years.
5. FLAT TAX....If companies want to be treated like humans, they should be taxed like us too.
6. Eliminate subsidies for profitable industries.
7. Raise taxes on millionaires to pre Reagan levels. This creates a two pronged revenue solution. a) REinvestment by corporate ownership in their industry. 2) revenue for paying down the debt, education, military etc.
8. Medicare for all. Private coverage will still be an option as it is in most nations. Use out of work 'adjusters' to become the medicare fraud inspectors, saving us billions a year.



thats my start.


I'd also hire Belichick at some point.