Demand creates Jobs, not wealth !!!

[thundley4]

scheming daemons   (1000+ posts)             Tue Sep-14-10 03:12 PM
Original message
The "wealthy" do not create jobs.. *DEMAND* creates jobs
   

When there is demand, then investment dollars follow to supply that demand.

It is why the Supply-Siders of the Reagan era had it EXACTLY backwards.


Wealth doesn't "trickle down"... it "flows up".


When you put money in the hands of the consumer, you create demand. And that demand creates new goods and services.... and those new goods and services create jobs.



Yes... a "rising tide lifts all boats".... but the consumers are the tide!



This is what needs to get hammered home... over and over and over. Trickle down didn't (and won't).


Jobs come from increased demand. Repeat it over and over.

  http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x9132384

So how has the trillions of dollars thrown at the war on poverty worked to create jobs? 

hughee99 (1000+ posts)           Tue Sep-14-10 03:18 PM
Response to Original message
2. But "demand" doesn't front the money.
   
If someone doesn't put up the money to produce a product that might meet the demand, the "demand" doesn't get supplied. I'm not arguing for supply-side, but you seem to be glossing over a key component.

louis-t   (1000+ posts)             Tue Sep-14-10 03:29 PM
Response to Reply #2
6. Your statement does argue for supply-side.
   
Demand creates need, which requires investment, which creates jobs. The demand HAS to be there first. No one is going to invest in something because it "might" meet a demand that hasn't happened yet.

hughee99 (1000+ posts)           Tue Sep-14-10 03:34 PM
Response to Reply #6
9. Like the personal computer?
   
At the time, there was essentially no demand for it.

kdschnitz (1 posts)           Tue Sep-14-10 03:48 PM
Response to Reply #6
10. Demand doesn't stand on its own...
   
Many inventors/companies/investors create products for which there is no current demand. They invest their knowledge and resources to create markets in an area in which no demand existed. Some fail spectacularly, others bring us things like the computer, the cell phone, the microwave. How do we reward rather than punish these creators of 'demand' that risked everything they own to bring a product to market? Oh yes, I forgot we call them the greedy rich and devise tax structures to 'punish' them.

Noob!!

RaleighNCDUer (1000+ posts)           Tue Sep-14-10 03:33 PM
Response to Reply #2
8. If the demand is there, SOMEBODY will step in with the funding, because
   
that's how they make money. If that somebody is not a single rich entity it will be a mash up of lesser entities - like co-ops - that will see that demand is met.

You know, that's the origin of banks - hundreds of little investors whose combined money funds things that make all of them just a little bit wealthier (and the bank owner a lot wealthier). If the banks stop sending that money back out again as loans, nobody makes any money. Not even the bank owner.

DUmmies and Economics?

[JohnnyReb]

I ain't gotz no money....therefore I DEMAND a car....where's my car...what's taking so long?.....While I'm demanding....where's my damn pony?

Yep, this demand thing is going to work out just fine.

[The Hollywood NeoCon]

kdschnitz (1 posts)           Tue Sep-14-10 03:48 PM
Response to Reply #6

 They invest their knowledge and resources to create markets in an area in which no demand existed. Some fail spectacularly, others bring us things like the computer, the cell phone, the microwave.

That's just bullshit. Gene Roddenberry and Star Trek brought us those things!!!! William Shatner told me so...

[AllosaursRus]

That's just bullshit. Gene Roddenberry and Star Trek brought us those things!!!! William Shatner told me so...

Yep, we just need a holographic room where all our fantasies are there for the askin'!

I've got a helluva an idea for a product the private sector just can't do without! Which one of you DUmmies is goin' to pony up the money in order to meet the demand?

Oh, I should tell ya, it'll probably take a little bit more than your kid's milk money!

[JohnnyReb]

Yep, we just need a holographic room where all our fantasies are there for the askin'!

I've got a helluva an idea for a product the private sector just can't do without! Which one of you DUmmies is goin' to pony up the money in order to meet the demand?

Oh, I should tell ya, it'll probably take a little bit more than your kid's milk money!

Hey, you gotta keep in mind their kids eat free.

[Splashdown]

They're so cute when they talk economics....



 

[DumbAss Tanker]

scheming daemons   (1000+ posts)             Tue Sep-14-10 03:12 PM
Original message
The "wealthy" do not create jobs.. *DEMAND* creates jobs

Well, then I guess Bengla-****ing-desh must be the richest damn' country on the whole planet, then, you shit-for-brains fool.

[Texacon]

RaleighNCDUer (1000+ posts)           Tue Sep-14-10 03:33 PM
Response to Reply #2
8. If the demand is there, SOMEBODY will step in with the funding, because
   
that's how they make money. If that somebody is not a single rich entity it will be a mash up of lesser entities - like co-ops - that will see that demand is met.

You know, that's the origin of banks - hundreds of little investors whose combined money funds things that make all of them just a little bit wealthier (and the bank owner a lot wealthier). If the banks stop sending that money back out again as loans, nobody makes any money. Not even the bank owner.

Unless you idiots keep pounding them with the tax hammer.  This is what we've been trying to tell you.  Who in the hell wants to invest $100k into something that will make them $500k of which they get to keep $75k?

KC

[crockspot]

During the Great Depression, there was a great demand for food and housing. It just magically appeared to meet that demand. 

[Carl]

God it is things like this that me me want to do brain surgery on them with a pick ax.
They have no concept of business risk,the logistics of productions and distribution and so on.

All they have is the notion that if money is constantly GIVEN to them they could buy a bunch of stuff they want.

[Randy]

During the Great Depression, there was a great demand for food and housing. It just magically appeared to meet that demand. 

Yep it sure did....



in the 50's

[AllosaursRus]

Yep it sure did....



in the 50's

Well actually, there was a great demand for ships, tanks, and airplanes, in the 40's, but I doubt a DUmmie wanted any of 'em!

I could use one of each right about now!

[JohnnyReb]

God it is things like this that me me want to do brain surgery on them with a pick ax.
They have no concept of business risk,the logistics of productions and distribution and so on.

All they have is the notion that if money is constantly GIVEN to them they could buy a bunch of stuff they want.

I prefer the Jooooooooish method for brain surgery........bulldozers.

[ScubaGuy]

God it is things like this that me me want to do brain surgery on them with a pick ax.
They have no concept of business risk,the logistics of productions and distribution and so on.

All they have is the notion that if money is constantly GIVEN to them they could buy a bunch of stuff they want.

What do you expect from a group that spent their entire life sucking on the government teat, flipping burgers or working some minimum wage job?

[AllosaursRus]

What do you expect from a group that spent their entire life sucking on the government teat, flipping burgers or working some minimum wage job?

Pay taxes??????????

NAW, that won't work unless we tax their medical MaryJane, or perhaps their cheetos!

[ScubaGuy]

Pay taxes??????????

NAW, that won't work unless we tax their medical MaryJane, or perhaps their cheetos!

Nah, paying taxes is for someone else.  You know those less than intelligent conservatives who for some reason have the jobs that pay above minimum wage.  They're the ones who should be paying all the taxes.

[JohnnyReb]

Nah, paying taxes is for someone else.  You know those less than intelligent conservatives who for some reason have the jobs that pay above minimum wage.  They're the ones who should be paying all the taxes.

...OR...they can be highly paid democrat government workers and not pay taxes.

[AllosaursRus]

...OR...they can be highly paid democrat government workers and not pay taxes.

+BS! Dems don't pay taxes, just ask O'Bumbler! Everybody knows that! Last I heard, it was to the tune of over a Billion frikkin' dollars!

[delilahmused]

DUmponomics...Keynesian (or Kenyan) economics for people too stupid to breathe on their own without a constant reminder.
Cindie

[JohnnyReb]

+BS! Dems don't pay taxes, just ask O'Bumbler! Everybody knows that! Last I heard, it was to the tune of over a Billion frikkin' dollars!

That's what I was alluding to......

[jukin]

Coming from a group of leeches that has made or produced nothing. 

Question, if unemployment checks are the best way to boost the economy (according to nanzy "Blinky" Pelosi) why isn't letting the people that earned that money keeping it, an equally best way to boost the economy?

[Chris_]

scheming daemons   (1000+ posts)             Tue Sep-14-10 03:12 PM
Original message
The "wealthy" do not create jobs.. *DEMAND* creates jobs

So a bunch of broke people got together and started producing TVs, cars, computers, and all the other stuff I spend money on?  I'll be damned. 

[AllosaursRus]

That's what I was alluding to......

Heh! I know, I was just rubbin' it in!

When I heard of the gubmint workers compared to the private sector neglecting to pay their taxes, my blood boiled. Any chance they're goin' after them like they do us?

Now there's a joke Leno could get a laugh with on the Tonight Show!!!!!!!!

ETA:

Top that off with most makin' double what the private sector is in the first place, and I'm ready to go postal!

[AllosaursRus]

So a bunch of broke people got together and started producing TVs, cars, computers, and all the other stuff I spend money on?  I'll be damned. 

I guess none of these asshats ever had the pleasure of playin' Monopoly, huh? If they did, they got their ass kicked and blamed it on Bush!

[dandi]

Go stand in the middle of a field and "demand" something, DUmbasses, and see if a job materializes out of the ether as a result. Someone has to put up the capital and be willing to assume the risks associated with that. Someone has to put in the eighteen hour days getting the business started up and making sure it's running right. Who's going to do that? You? If it's so easy, why haven't you asswipes started any of the vaunted "co-ops" you keep prattling about.