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#9 |
Read? I only know how to write.
Join Date: Jan 2001
Posts: 11,933
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'Job creator' defines activity contrary to popular belief. For example, jobs are created when a company does the same work with less people every year. If not, then jobs are lost.
Those who rationalize by soundbytes never get it. Somehow they assume jobs are created when more people do the job every year. Using their reasoning, then we simply remove all computers from telephone switching centers. Replace those computers with human operators. And have created jobs. A massive GDP increase. Full employment. And then massive recession more than four years later. Jobs are created when work requires less people. A bean counter has no idea what that means. He downsizes - fires employees - to cut costs. That is contrary to what was posted - create jobs by doing the same work with less people. The bean counter, who is trained to ignore underlying facts, only destroys jobs. If the work is done by less people every year, then jobs are created. A bean counter, using his perverted business school training, then reverses that equation. If A creates B, then B must create A? Bull. He is taught that lie in business school. Therefore does not understand: jobs are created when less people do the work. But less people doing the work does not create new jobs. A causing B does not mean B causes A. What creates new markets, wealthier employees, new and better products, reduce costs, and economic prosperity? Innovation. Innovation (not downsizing advocated by the perverted bean counter) is why less people do the work every year. And therefore more jobs are created. Innovation means more jobs than people available to fill them. And less people doing the same work every year. Throwing money at something never creates innovation. But that is preached on Wall Street due to myths taught in business school. Innovation requires money. But money does not create innovation. A creating B does not mean B creates A. Throwing money at a company to make jobs does not create innovation and does not create jobs. Need an example? Eastman Kodak was given all the money they wanted to create buggy whips. Where are the jobs? Throwing money at something to create innovation (ie Kodak, Chevy Volt, Big Pharma, Fiorina's purchase of Compaq, George Jr's tax cuts) means no innovation and less jobs. The common factor is something that can never be quantified or understood using soundbytes, business schools, or political spin. Only innovation creates new jobs. The rich do not innovate (except by inventing lies on spread sheets). A recession destroys jobs. Mostly unproductive jobs. Many employees must remain unemployed until innovations create the new products and therefore new jobs. Therefore employment lags economic growth by months or years. The American economy has been growing strong for a few years now. We averted 40% unemployment by restoring fiscal management. But employment will take much longer. It takes a long time for innovation and the resulting new products to create jobs. Especially since George Jr’s people subverted or outrightly destroyed so many innovation centers. Especially when jobs in 2000 and after were created by fraud, lies, money games (ie GM's 0% financing), and business school spin. Recessions created by finance people meant many unproductive jobs created since 2000 must be destroyed. Too many jobs created in 2000 were scams. Those jobs were unproductive then. The bills for unproductive jobs have now just arrived. Welcome to why the average American now earn significantly less money than in 1996. How long does it take to design anything? Four to ten years. Therefore it can take four to ten years for new products to finally employ all those unemployed workers. Only innovation creates jobs. Who creates innovation? Definitely not the rich despite lies told to Tea Party and other less educated people. Nick Hanauer is saying what was posted in the Cellar posts back in 2002. Defined was how jobs would be destroyed. See previous discussions about the Kennedy Tax Cuts and how wars (ie the Pearl Harboring of Iraq) destroy jobs seven years later. It was predicted then. We have reality - the predicted job losses. The rich never create jobs. The rich do not innovate - despite so many George Jr administration lies that say otherwise. Despite those lies parroted by the Tea Party, et al. Jobs are created only when less people do the same job every year. Last edited by tw; 05-23-2012 at 10:59 AM. |
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