The political knifes are drawn

[TheMercenary]

Originally Posted by Happy Monkey

That's why it's silly to think that giving money to rich people makes jobs.

Define "rich".

To employers, jobs are expenses. They'll get by with as few as they can, no matter how good the economy is or how much cash they have on hand.

Yea, that is how they make money. But the fact is that many would hire back people they let go if they had the capitol to do so.

The only way to get them to employ more people is to increase the money available to their customers, so a new hire is needed to handle enough business to offset the cost of their job.

Incresing money strickly on that basis in these times will not get people to spend more, they will save it or pay off bills, but I doubt they will spend it. Look at the boondogle infusions of cash in the last 12 years. There was no sudden splurge of economic activity.

That's why Ford paid his workers more than the prevailing wage - he figured he'd get his money back when they bought a car. It works on a national scale as well.

Wait... I thought you said you don't think "rich" people should have more money, and Ford was certainly among the rich of the time.