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Re: ''Don't let anybody tell you that businesses creat jobs''

Posted by Stephen Bauman on Sat Oct 25 13:09:39 2014, in response to Re: ''Don't let anybody tell you that businesses creat jobs'', posted by Dave on Sat Oct 25 12:54:42 2014.

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If businesses aren't creating jobs, who is then?

Businesses do not hire workers unless they believe they can make a profit from their labor. The businesses will only make a profit, if there is demand for their goods or services. Businesses will not hire workers, if they do not perceive increased demand for their goods and services.

The problem with the current situation is that the population has been divided into two economic classes by disposable income. The vast majority (99+%) don't have enough disposable income to consume additional goods and services. The remaining 1% are already sated and have no desire to consume additional goods and services.

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