Making the Wealthy Wealthier Doesn't Create Jobs

[Katzndogz]

.

The ONLY thing that will prompt you to hire more people is an increase in demand for your product or service that requires you to hire more people in order to meet that bigger demand.

demand is always constant. People have always wanted or demanded more food clothing shelter transportation vacations etc etc. Giving people tons of money from helicopters to buy things in the stone age would not have advanced economic progress by one minute.

Any economy grows and creates real jobs when people, mostly rich people, invent or supply new innovative goods and services. This is econ 101.

The more venture capital rich venture capitalists have the more new ventures like Apple and Google they can found.


Is it making sense to you now??

Venture capitalists companies aren't profitable. Sure you can be a retard (which you are) and cherry pick or lie and tell us that Apple is a venture capitalist company when its been around for decades and started out rich before its explosion but that is just because you are clueless.
Furthermore rich people dont invent things scientists do of which the vast majority are funded by the government

There is no way to fix this kind of stupid.

 

[EdwardBaiamonte]

Venture capitalists companies aren't profitable.

so they stay in business to lose money??

Sure you can be a retard (which you are) and cherry pick or lie and tell us that Apple is a venture capitalist company

I didn't say it was a venture capitalist company but that its growth was financed in part with venture capital from venture capital companies.

If liberal submorons had taxed away too much venture capital from the rich people who own venture capital firms it might have been the venture capital that went into companies like Apple and Google.


Still over your head?

 

[The Rabbi]

Venture capitalists companies aren't profitable.

so they stay in business to lose money??

Sure you can be a retard (which you are) and cherry pick or lie and tell us that Apple is a venture capitalist company

I didn't say it was a venture capitalist company but that its growth was financed in part with venture capital from venture capital companies.

If liberal submorons had taxed away too much venture capital from the rich people who own venture capital firms it might have been the venture capital that went into companies like Apple and Google.


Still over your head?

But they would have used it to finance Solyndra and other things we REALLY need!

 

[starcraftzzz]

Venture capitalists companies aren't profitable.

so they stay in business to lose money??

No thje vast marjotiy of them go bankrupt dumbass

[

Sure you can be a retard (which you are) and cherry pick or lie and tell us that Apple is a venture capitalist company

I didn't say it was a venture capitalist company but that its growth was financed in part with venture capital from venture capital companies.

Yea name one oh you cant because as always your spewing bullshit not surprising

[
If liberal submorons had taxed away too much venture capital from the rich people who own venture capital firms it might have been the venture capital that went into companies like Apple and Google.

Who knew that taxing rich people the same rates as poor people is taxing them away

[
Still over your head?

WEll clearlly everythings over yours.

 

[starcraftzzz]

Venture capitalists companies aren't profitable.

so they stay in business to lose money??

Sure you can be a retard (which you are) and cherry pick or lie and tell us that Apple is a venture capitalist company

I didn't say it was a venture capitalist company but that its growth was financed in part with venture capital from venture capital companies.

If liberal submorons had taxed away too much venture capital from the rich people who own venture capital firms it might have been the venture capital that went into companies like Apple and Google.


Still over your head?

But they would have used it to finance Solyndra and other things we REALLY need!

You are cherry picking the Solyndra loan was part of a large green energy loan program of which has had a default rate below 2% 10 times lower then private default rates and of which has created hundreds of thousdasn of jobs and 4 dollars in benifiits for every dollar spent

 

[The Rabbi]

so they stay in business to lose money??





I didn't say it was a venture capitalist company but that its growth was financed in part with venture capital from venture capital companies.

If liberal submorons had taxed away too much venture capital from the rich people who own venture capital firms it might have been the venture capital that went into companies like Apple and Google.


Still over your head?

But they would have used it to finance Solyndra and other things we REALLY need!

You are cherry picking the Solyndra loan was part of a large green energy loan program of which has had a default rate below 2% 10 times lower then private default rates and of which has created hundreds of thousdasn of jobs and 4 dollars in benifiits for every dollar spent

Oops, no they haven't.
GAO faults Energy Department loan program - The Hill's E2-Wire

 

[starcraftzzz]

But they would have used it to finance Solyndra and other things we REALLY need!

You are cherry picking the Solyndra loan was part of a large green energy loan program of which has had a default rate below 2% 10 times lower then private default rates and of which has created hundreds of thousdasn of jobs and 4 dollars in benifiits for every dollar spent

Oops, no they haven't.
GAO faults Energy Department loan program - The Hill's E2-Wire

So according to you the DOE taking months to gather data means that the program wasn't successful. What are you going to tell us next that your failure to get laid is actually because women love you?

 

[Oldstyle]

demand is always constant. People have always wanted or demanded more food clothing shelter transportation vacations etc etc. Giving people tons of money from helicopters to buy things in the stone age would not have advanced economic progress by one minute.

Any economy grows and creates real jobs when people, mostly rich people, invent or supply new innovative goods and services. This is econ 101.

The more venture capital rich venture capitalists have the more new ventures like Apple and Google they can found.


Is it making sense to you now??

Venture capitalists companies aren't profitable. Sure you can be a retard (which you are) and cherry pick or lie and tell us that Apple is a venture capitalist company when its been around for decades and started out rich before its explosion but that is just because you are clueless.
Furthermore rich people dont invent things scientists do of which the vast majority are funded by the government

There is no way to fix this kind of stupid.

The only good thing is "that kind of stupid" is obviously playing video games in Mom & Dad's basement most of the time and not actually out on the streets interacting with people...and for THAT...I say THANK YOU GAMING INDUSTRY!!!

 

[Oldstyle]

so they stay in business to lose money??





I didn't say it was a venture capitalist company but that its growth was financed in part with venture capital from venture capital companies.

If liberal submorons had taxed away too much venture capital from the rich people who own venture capital firms it might have been the venture capital that went into companies like Apple and Google.


Still over your head?

But they would have used it to finance Solyndra and other things we REALLY need!

You are cherry picking the Solyndra loan was part of a large green energy loan program of which has had a default rate below 2% 10 times lower then private default rates and of which has created hundreds of thousdasn of jobs and 4 dollars in benifiits for every dollar spent

Dude, if you believe THAT then Barry could pee on your head...tell you it's raining...and you'd nod your head and reach for an umbrella.

 

[Katzndogz]

Venture capitalists companies aren't profitable. Sure you can be a retard (which you are) and cherry pick or lie and tell us that Apple is a venture capitalist company when its been around for decades and started out rich before its explosion but that is just because you are clueless.
Furthermore rich people dont invent things scientists do of which the vast majority are funded by the government

There is no way to fix this kind of stupid.

The only good thing is "that kind of stupid" is obviously playing video games in Mom & Dad's basement most of the time and not actually out on the streets interacting with people...and for THAT...I say THANK YOU GAMING INDUSTRY!!!

My Mon and Dad are dead. Long ago dead. But for those who really do play video games and think that death lasts only until the game give you another life, I say THANK YOU GAMING INDUSTRY!

Someone better not tell Magic Johnson that venture capital companies lose money because he made a fortune with his venture capital company and just bought the Dodgers.

That is, after the liberal Frank McCort ran it into the ground.

 

[MikeK]

Why do the economically retarded start economics threads?

Explain what's wrong about it.

Well to start with, ignoring every thing else that is wrong, even if the wealthy just "pocket the money" they are going to spend it which creates and maintains jobs. I know you don't understand how wealthy people spending money on things for their leisure and entertainment could possibly do this, but its true.

In order to understand the flaw in your reasoning it is necessary for you to understand that wealthy Americans are a very small minority in a vast population of ordinary citizens. So when a wealthy person spends a million dollars on an elaborate holiday it simply does not have the same impact on the economy as when a hundred million ordinary people each spend twenty dollars on a movie and a pizza afterward.

While the rich typically spend a very small amount of their net assets the ordinary citizen spends every penny and most are in debt. Therefore they are the engine of the economy. It is they who keep the machine running and the pump pumping. The wealthy hoard their money -- and that is one of the the main problems the U.S. economy is having today.

 

[The Rabbi]

Explain what's wrong about it.

Well to start with, ignoring every thing else that is wrong, even if the wealthy just "pocket the money" they are going to spend it which creates and maintains jobs. I know you don't understand how wealthy people spending money on things for their leisure and entertainment could possibly do this, but its true.

In order to understand the flaw in your reasoning it is necessary for you to understand that wealthy Americans are a very small minority in a vast population of ordinary citizens. So when a wealthy person spends a million dollars on an elaborate holiday it simply does not have the same impact on the economy as when a hundred million ordinary people each spend twenty dollars on a movie and a pizza afterward.

While the rich typically spend a very small amount of their net assets the ordinary citizen spends every penny and most are in debt. Therefore they are the engine of the economy. It is they who keep the machine running and the pump pumping. The wealthy hoard their money -- and that is one of the the main problems the U.S. economy is having today.

As many times as the myth of consumer spending as the driver of the economy has been explained you still come up with crap like this. Some people never learn.

 

[starcraftzzz]

But they would have used it to finance Solyndra and other things we REALLY need!

You are cherry picking the Solyndra loan was part of a large green energy loan program of which has had a default rate below 2% 10 times lower then private default rates and of which has created hundreds of thousdasn of jobs and 4 dollars in benifiits for every dollar spent

Dude, if you believe THAT then Barry could pee on your head...tell you it's raining...and you'd nod your head and reach for an umbrella.

Yes I do believe reality clearly you don’t because you are mentally unstable and pathedic

 

[starcraftzzz]

Well to start with, ignoring every thing else that is wrong, even if the wealthy just "pocket the money" they are going to spend it which creates and maintains jobs. I know you don't understand how wealthy people spending money on things for their leisure and entertainment could possibly do this, but its true.

In order to understand the flaw in your reasoning it is necessary for you to understand that wealthy Americans are a very small minority in a vast population of ordinary citizens. So when a wealthy person spends a million dollars on an elaborate holiday it simply does not have the same impact on the economy as when a hundred million ordinary people each spend twenty dollars on a movie and a pizza afterward.

While the rich typically spend a very small amount of their net assets the ordinary citizen spends every penny and most are in debt. Therefore they are the engine of the economy. It is they who keep the machine running and the pump pumping. The wealthy hoard their money -- and that is one of the the main problems the U.S. economy is having today.

As many times as the myth of consumer spending as the driver of the economy has been explained you still come up with crap like this. Some people never learn.

Talking about yourself again how cracy

 

[TodHardin]

Why do the economically retarded start economics threads?

I often wonder the same thing.

 

[TodHardin]

If you own your business and you employ 10 people. Then you employ 10 people because that's how many people it takes to supply the demand for your product or service. Just because the government hands you money, that doesn't encourage you to hire more people.

The ONLY thing that will prompt you to hire more people is an increase in demand for your product or service that requires you to hire more people in order to meet that bigger demand.

Without an increase in demand for your product or service, you will just pocket the extra money.

That's one of the reason's trickle down economics are idiotic. If you want to stimilute job growth, you have to increase the demand. THAT'S trickle UP economics.

Wow are you fucking stupid.
The only people the government "hands" money to are the unemployed and unproductive. And it doesn't encourage them to do anything but continue being unemployed and unproductive.
Allowing businesses to keep more of the money they earned (no one gave it to them), allows them to invest in new products and processes to increase sales, to grow their businesses.

Actually, in the United States, we have corporate welfare. So, yes, the government does hand money to companies.

interesting take.

 

[EdwardBaiamonte]

Actually, in the United States, we have corporate welfare. So, yes, the government does hand money to companies.

Actually a liberal is inherently stupid. In fact its the definition of liberal.Read below.

1) corporations live and die in a competitive environment. If government gives them billions they have to reduce their prices by billions or be uncut by competitors who can use their billions to reduce their prices.

2) always increasing personal welfare is merely always crippling more and more people to cynically buy votes for liberals.

3) If saintly Republicans ruled government would not have the power to give welfare to corporations or people.

 

[starcraftzzz]

Actually, in the United States, we have corporate welfare. So, yes, the government does hand money to companies.

Actually a liberal is inherently stupid. In fact its the definition of liberal.Read below.

1) corporations live and die in a competitive environment. If government gives them billions they have to reduce their prices by billions or be uncut by competitors who can use their billions to reduce their prices.

2) always increasing personal welfare is merely always crippling more and more people to cynically buy votes for liberals.

3) If saintly Republicans ruled government would not have the power to give welfare to corporations or people.

1) Oh really is that why airline companies pocked the money for themselves when the GOP killed thousands of jobs by not extending the FAA? The problem here edward is that reality contradicts everything you say
so come back later you libtard communist idiot

 

[EdwardBaiamonte]

you libtard communist idiot

communist? If true why be so afraid to present your best evidence. What does your fear tell you?

 

[The Rabbi]

you libtard communist idiot

communist? If true why be so afraid to present your best evidence. What does your fear tell you?

That is the best evidence. It goes downhill from there.