Posted on Oct 28, 2014
"Corporations and business do not create jobs"
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So the other day former Secretary of State Hillary Clinton stated at a campaign rally for Massachusetts Democratic gubernatorial candidate Martha Coakley, told the crowd, "Don't let anybody tell you that it's corporations and businesses that create jobs," going on to say trickle-down economics "has failed rather spectacularly."
So I'm a little confused! Just who exactly creates jobs?
http://www.forbes.com/sites/waynecrews/2014/10/26/hillary-clinton-businesses-dont-create-jobs-just-speaking-fees/
So I'm a little confused! Just who exactly creates jobs?
http://www.forbes.com/sites/waynecrews/2014/10/26/hillary-clinton-businesses-dont-create-jobs-just-speaking-fees/
Jobs
Politics
Posted 10 y ago
Responses: 16
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Well...I have to disagree with most here. I feel that a lot of people have been brainwashed to believe that someone else is always responsible for your success or failure for that matter. Government believes that they are responsible for all positive gains in society and the corporation believes that they are responsible for all. Interesting...then we have the supply vs. demand argument with arguments on both sides.
I believe that it is the individual that creates jobs. For without the creative development of the individual there wouldn't be a demand or a supply. There would be no need for government infrastructure improvements. Individuals like Edison created things that not only never existed before, but no one ever even thought could exist. Then there was a demand for the light bulb and the need for infrastructure as well as an overwhelming desire to take the credit for it.
Edison, Jobs, Disney, Ford, etc. Their ideas create jobs. Just my humble opinion.
I believe that it is the individual that creates jobs. For without the creative development of the individual there wouldn't be a demand or a supply. There would be no need for government infrastructure improvements. Individuals like Edison created things that not only never existed before, but no one ever even thought could exist. Then there was a demand for the light bulb and the need for infrastructure as well as an overwhelming desire to take the credit for it.
Edison, Jobs, Disney, Ford, etc. Their ideas create jobs. Just my humble opinion.
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MSgt (Join to see) Hillary says whatever she thinks will get her elected or to sell a book. She also has never really had a job beyond the theoretical kind even at Rose Law Firm which burned down if I am not mistaken. I was stationed in Little Rock and she was hated even back then.
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A1C (Join to see)
Small businesses given the chance create jobs. My mom has been fortunate enough to be able to hire help for the first time since her business opened in 2000. I'm so proud of her, she is finally living her dream.
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How is it that with so many people that, "know" everything, we can't get a damn thing done in this country??
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So is she trying to say that the Government creates jobs? What else would be the alternative?
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PO3 (Join to see)
Of course...without the businesses there really wouldn't be much need for the infrastructure. Nobody builds a highway so that Joe the Rag Man can go see granny. So in my very humble opinion it's a circular argument. You can say that without government to build the infrastructure there would be few businesses. But without them there would have been no need for those roads anyway. And any business who has a demand for the product and a supplier to get it from would find a way to build the road on their own...or perhaps even convince a government it was their job (for the public good of course) thereby saving the expense from the companies ledger.
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SGT Richard H.
What the politicians are trying to say, I believe, is that businesses can't succeed without the Government.
I wonder how well the Government would be doing without businesses?
PO3 (Join to see) hit the nail on the head. It's a circular argument....but I would suggest the Government needs the businesses more than the other way around, otherwise who would build all this infrastructure, and with what money?
I wonder how well the Government would be doing without businesses?
PO3 (Join to see) hit the nail on the head. It's a circular argument....but I would suggest the Government needs the businesses more than the other way around, otherwise who would build all this infrastructure, and with what money?
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SSG (Join to see)
Ultimately its consumer demand for a product or service that creates jobs, businesses, corporations and sometimes government responds to that demand which creates jobs. Making businesses more profitable doesn’t have a direct impact on jobs, it does have indirect benefits… employers are able to better compensate their employees and/or they have more profits that they themselves can spend on goods and services which increases demand and eventually creates jobs. The real question is, does it make sense to stimulate the economy by giving more money to the richest Americans or the poorest Americans. I believe it makes sense to help the working and middle classes, especially given the huge and growing gap between the richest Americans and working people.
As for government creating jobs, I believe that government jobs play an important role facilitating and stabilizing a capitalist economy. The challenge is identifying just how much government is really beneficial, and at what point it’s doing more harm than good.
As for government creating jobs, I believe that government jobs play an important role facilitating and stabilizing a capitalist economy. The challenge is identifying just how much government is really beneficial, and at what point it’s doing more harm than good.
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The only ones that truly create jobs are the entrepreneurs that come up with business plans that fill the needs for a product and or service. Certainly the government can incentivize business owners just as much as they can decentivize them to hire people but when it comes to hiring its the business that put up the money to hire someone . If she is going to swing that sword she ought to be careful as its double edged. Much of the great depression was caused by policy. Also the last time I checked according to my paycheck I was paying the government not them paying me.
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I still find it hard to parse what people who say things like that mean. It seems to reveal a lack of understanding of basic economics. I mean, I cant imagine they've gotten to where they have without some econ...right?
Anyone ever read "I, pencil?" Great stuff.
http://www.econlib.org/library/Essays/rdPncl1.html
Anyone ever read "I, pencil?" Great stuff.
http://www.econlib.org/library/Essays/rdPncl1.html
Read, I, Pencil | Library of Economics and Liberty
You may wonder why I should write a genealogy. Well, to begin with, my story is interesting. And, next, I am a mystery—more so than a tree or a sunset or even a flash of lightning. But, sadly, I am taken for granted by those who use me, as if I were a mere incident and without background. This supercilious attitude relegates me to the level of the commonplace. This is a species of the grievous error in which mankind cannot too long persist...
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PFC Stephen Eric Serati
Consumption,and demand create jobs not corporations.Corporation. provide a service or product.Without demand and consumption by consumers,corporation go out of buisness.
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SPC James Mcneil
Consumption and demand are acted upon by the corporations by creating more jobs or streamlining a process.
ETA: It is still my belief that she was trying to give credit to the government that it does not deserve.
ETA: It is still my belief that she was trying to give credit to the government that it does not deserve.
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CDR Michael Goldschmidt
Demand is always there, just not necessarily the means. Production is what makes people both morally and practically able to consume. Investment in capital goods and human resources contributes to production, increases supply, increases the ability to purchase, and drives prices down. It is production that produces prosperity, NOT consumption.
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Cpl Anthony Pearson
Corporations and businesses - owned by individuals - SEIZE OPPORTUNITIES that arise from consumption and demand. Corporations and businesses create jobs. People with vision, who run the businesses, create jobs.
Our government needs to quit patting itself on the back. It is insulting.
Our government needs to quit patting itself on the back. It is insulting.
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Good question, just goes to show why I should take economics 101 for my next course.
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Hillary has no clue what she is talking about. Innovative individuals, who take the chance to do something, are the ones who create jobs. I know Steve Jobs didn't literally say the below but it still shows the point: Clinton is very ignorant on the truth and the economy.
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SSG (Join to see)
I’m no fan of the Clintons, and I believe she could have done a better job explaining her position, however she is correct. Innovative individuals are able to identify and exploit latent demand... they figure out how to provide a product or service that people want and can afford. If there is no demand there is no job, if people can't afford to satisfy that demand, there is no job. If a corporation decides not to satisfy a demand that people can afford, another will take its place. You can give corporations bucket loads of tax rebates, and they are still not going to hire anyone unless there is a demand they can satisfy with a good or service. Give working people tax rebates and they can satisfy demands that they previously could not afford… that additional demand will encourage corporations to hire more people to meet those demands.
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