Holy Hell: Repukes are wrong! The Wealthy don't create jobs...

[asdf2231]

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x4280443

ItNerd4life (340 posts)      Tue Oct-21-08 01:18 PM
Original message
Repukes are wrong! The Wealthy don't create jobs...
It is the demand for goods and services that create jobs. The best way to increase demand for goods and services
is to have more people with the money to buy those goods and services.

Yet, when was the last time you heard our Democrat politicians pointing out this major flaw in Repuke thinking?

Quit talking about whose tax cuts are better, lay it out why tax cuts for the working class are better than tax cuts for the wealthy!

Next time you have a discussion with a repuke, ask them who creates jobs.
Ask them "When was the last time a wealthy person created a job out of the goodness of their heart?"

rateyes  (1000+ posts)        Tue Oct-21-08 01:20 PM
Response to Original message
1. Exactly. Thank you.

 
   

Canuckistanian  (1000+ posts)        Tue Oct-21-08 01:20 PM
Response to Original message
2. Yes, exactly, DEMAND
 And demand is created only one way- by giving the lower and middle classes more money in their pockets.

Isn't this the reason for the 'stimulus checks'?

iamjoy (1000+ posts)     Tue Oct-21-08 01:20 PM
Response to Original message
3. Yeah, Dems Ususally Suck At This
 We really need to better articulate the case for the progressive tax system.

TahitiNut  (1000+ posts)        Tue Oct-21-08 01:26 PM
Response to Original message
6. It's labor that creates wealth, NOT vice versa! 
 They're a despicable lot that peddle such blatant falsehoods.

Crisco  (1000+ posts)        Tue Oct-21-08 01:29 PM
Response to Original message
7. Wealthy People Do TOO Create Jobs
 If one guy can convince 25 or more people to labor at a task in exchange for 10 dollars each (cost: $250) and sell the products of that task for $500 & pocket the difference, he's on his way to becoming wealthy.

See! He created 25 jobs! A true American hero!

mrcheerful (1000+ posts)      Tue Oct-21-08 01:51 PM
Response to Original message
13. Because americans in general can't grasp that simple ideal 
 to them all businesses make money, little thought is given to customers, unless it's having a sales clerk wish them a merry xmas, then the customer matters. I can't begain to tell you how many times I have heard people say a business failed not because of lack of customers but because the business owner screwed the business up by ripping himself off or mis-management. Then they say if I had been running the failed business it would have made profits, without a thought that they need customers to sell their products to.

Look at the big 3 auto makers, in the 40's 50's and 60's they had more customers then products, then Nixon trade agreement with Japan brought in cheap auto's that barely met US standards and people started buying them. US auto makers couldn't produce cheap cars because of the US safety standards that were placed on them by their government, so the easiest way for them to increase profits, in the short term, was laying off workers. There was a draw back though, it was the US auto worker that bought the product and the big 3 lost its customer base.

Then along came Reagan, with his anti-union, blame the union for the auto makers for the high prices of US auto's. It wasn't the wages of the workers driving up the prices, it was because now the big 3 found themselves building more cars then they could sell, so more lay offs to increase profit at the loss of even more customers. Then government bailouts and tax crap started, the big 3 learned they could make more money by not having profits for government to tax them on and the big 3 started running the business in the red, which meant stock holders still made money even though the business was failing.

Watch Roger and Me by M. Moore again, you can see how trickle down economics really worked in the 80's. It still amazes me that people 20 years later still believe that businesses don't need customers, even some of the GM workers who suffered through the Reagan years, remember 80% of them got called back to work in the 90's and are now retired. It's like those years never happened and Reagans trickle down bull shit worked. Mind blowing at the best.

Btw, many of those made it through the Reagan years on welfare and they hate welfare because of the bull shit they went through to get on it and stay on it, so they hate welfare, only they blame welfare receivers for the problem, not the welfare system. Again, mind blowing that people are able to blame the little guys instead of those who made the system.

 

Blue State Native  (1000+ posts)        Tue Oct-21-08 01:59 PM
Response to Reply #13
16. Great post!
  Hey freeps, you should read this, really, you should. 

 


 

[LadyLiberty]

Yeah, and Santa Claus produces those goods and services for the little people to buy 

[USA4ME]

ItNerd4life
 
Repukes are wrong! The Wealthy don't create jobs...
 
It is the demand for goods and services that create jobs.

That's right.  People demand goods and services and POOF!! they just magically appear.  No one with capital to invest is involved at all.

 

.

[Texacon]

Quit talking about whose tax cuts are better, lay it out why tax cuts for the working class are better than tax cuts for the wealthy!

Ok, let's be objective.  Don't throw stones yet.  Let's see if the libs will do some reading themselves.

If a town has 10,000 people and you cut their taxes by a thousand dollars each would that be better than;

The town of 10,000 has offered xyz company a $10 million tax cut to move to their town which will employ every single person in town plus some 'out of towners'.

Which one of these proposals would make more sense?

KC

[Bondai]

OMG Trickle down stupidity

[SSG Snuggle Bunny]

And where do the people get the wages with which to demand goods and services?

And how are those goods and services produced?

[djones520]

I'll be the first to admit that I have very little understanding about how our economic system works.  But even I know that what these DUmmies just said is more retarded then a sack full of drunken clowns.

[Carl]

Then along came Reagan, with his anti-union, blame the union for the auto makers for the high prices of US auto's. It wasn't the wages of the workers driving up the prices, it was because now the big 3 found themselves building more cars then they could sell, so more lay offs to increase profit at the loss of even more customers.

Huh???

[apeanut99]

Which one of these proposals would make more sense?

And this is where your arguement falters...  Sense is not involved when you speak of the libs.

[USA4ME]

mrcheerful

Look at the big 3 auto makers, in the 40's 50's and 60's they had more customers then products, then Nixon trade agreement with Japan brought in cheap auto's that barely met US standards and people started buying them. US auto makers couldn't produce cheap cars because of the US safety standards that were placed on them by their government, so the easiest way for them to increase profits, in the short term, was laying off workers. There was a draw back though, it was the US auto worker that bought the product and the big 3 lost its customer base.

Talk about making it up as you go along.

Blaming this on Nixon is just nuts.  Back in the early 70's, if you saw something that said "Made in Japan," you turned and ran.  But they got their act together, started building quality products, and by the mid to late 70's they were building quality cars, not like the junk that was coming out of Detroit.  And it was junk.  They couldn't even get the panels on the cars straight.  You'd have one side rubbing up against each other and the other side with such gaps you could put a few fingers between them.  This "safety standards" is a giant lie.  The big 3 lost their customer base because they put out a lousy product, their work was shotty, and blaming it on anything else is just false.

DUmmies lie.... all the time.

.

[jtyangel]

Umm..idiot..there has to be PRODUCER somewhere in that mix. Or do people create demand and the items just *poof* magically appear?

And who will be more apt to PRODUCE something? The wealthy for one, yes, but it will be dependent on them to also pass along or LOAN out resources for those who are NOT wealthy to PRODUCE as well. Jesus, this is simple stuff. 

[thundley4]

And where do the people get the wages with which to demand goods and services?

And how are those goods and services produced?

Don't be silly, they get the money from the Gubmint, and all the products will be Chinese and contain melamine .

[jtyangel]

TahitiNut  (1000+ posts)        Tue Oct-21-08 01:26 PM
Response to Original message
6. It's labor that creates wealth, NOT vice versa! 
 They're a despicable lot that peddle such blatant falsehoods.

Wrong TahitiNUT(emphasis on the nut)! They work in conjunction. Both management and labor realize this or they should if they are worth their salt. Resources and labor are both required--guess where each come from? Hmm...this isn't hard. Don't hurt yourself. 

Blue State Native  (1000+ posts)        Tue Oct-21-08 01:59 PM
Response to Reply #13
16. Great post!
  Hey freeps, you should read this, really, you should. 

I have read it and it's crap. Like most of the genius on basic economics that come out of the Lord of the Flies that is DU.

[Ralph Wiggum]

Any time the DUmmies try to talk about economics, I'm tempted to either just ignore the thread or read it and laugh maniacally at their stupidity.

[DumbAss Tanker]

I see the "Capital" part of "Capitalist" is still somewhat over their pointy little heads....

 
 

[jtyangel]

That's right.  People demand goods and services and POOF!! they just magically appear.  No one with capital to invest is involved at all.

 

.

Pays to read the thread first! LOL Great minds my friend.

[ScubaGuy]

And now we see why they'll always be minimum wage lackeys working for "The Man".

They have no concept of how business actually works and the fact that labor AND capital are required.

[Toastedturningtidelegs]

Then along came Reagan, with his anti-union, blame the union for the auto makers for the high prices of US auto's. It wasn't the wages of the workers driving up the prices, it was because now the big 3 found themselves building more cars then they could sell, so more lay offs to increase profit at the loss of even more customers.

Actually dummie ...It was both,coupled with the fact that the japanese started making cars that ran for 400,000 miles and got twice the gas mileage.  Also the typical UAW worker couldn't compete with the work ethic of the typical japanese shop rat! Living in Metro Detroit,I know this from the legendary stories of auto workers{including alot of uncles and cousins and grandparents} screwing off for hours at a time! My grandpa was a foreman at the Jefferson plant for 30+ years and he used to tell me about all of the ****ups {especially skilled trades guys}clocking in and leaving for 2 to 3 hours and going to the bar across the street from the plant until they had work for them to do!

[PatriotGame]

ItNerd4life (340 posts)      Tue Oct-21-08 01:18 PM

Next time you have a discussion with a repuke, ask them who creates jobs.
Ask them "When was the last time a wealthy person created a job out of the goodness of their heart?"

Ahem...hey dumbshit, when was the last time a poor man gave you a job?

[whiffleball]

Ahem...hey dumbshit, when was the last time a poor man gave you a job?

I often wonder if you turn a DUmmie upside down and shake it if a couple of brain cells fall out.

[Rebel]

Well hell, let's confiscate ALL money and divide it up equally among everyone. Then everyone will have a job because they'll want to buy "stuff". Right? 

[jukin]

First it's not the wealthy so much as the achievers whom create wealth. 

Crisco  (1000+ posts)        Tue Oct-21-08 01:29 PM
Response to Original message
7. Wealthy People Do TOO Create Jobs
 If one guy can convince 25 or more people to labor at a task in exchange for 10 dollars each (cost: $250) and sell the products of that task for $500 & pocket the difference, he's on his way to becoming wealthy.

See! He created 25 jobs! A true American hero!

Yep.  If he did not some chinese guy or german guy gets those 25 jobs in his country.  Not to mention the guy has to work 15 times harder and longer than the 25 guys that walked into the job.

[Wineslob]

My God these people are too stupid to live.................

[USA4ME]

Pays to read the thread first! LOL Great minds my friend.

Copycat.   

BTW, I've lost count of how many times I've done the exact same thing. 

.

[Chris_]

Those who cannot tell the difference between "supply and demand" and "quantity supplied" and "quantity demanded" are not qualified to speak on economic matters.

At least not around grown-ups.