DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Rich People Don't Create Jobs (Economics)

**janeseymore09092** · 05-18-2012, 11:23 PM

Ehh... I guess I kinda see his point. Jobs get created when people with money demand products and services. Business then either upsize or pop in from nowhere to fill this desire in order to seek PROFITS!!!! But of course without entrepreneurs to start these business, and to create products and services nobody would have thought of, there wouldn't be any jobs.

In the end I give credit to businesses. Somebody has to have the balls to take the risk and get things done.

I hate Apple, but I'm going to use them as an example. They employ LOTS OF PEOPLE. If they hadn't taken the risk and created the iPhone and iPad would there be middle-class consumer demand for these products to drive job creation? No, there wouldn't. People only demand them, and thus create jobs for more people to make, sell, and service them because Mr. Jobs took the initiative. Most of these types of products had no demand before a business said "hey, look what we've made, isn't this cool."

05-18-2012, 11:23 PM	#2
janeseymore09092 Join Date Nov 2005 Posts 410 Senior Member	Ehh... I guess I kinda see his point. Jobs get created when people with money demand products and services. Business then either upsize or pop in from nowhere to fill this desire in order to seek PROFITS!!!! But of course without entrepreneurs to start these business, and to create products and services nobody would have thought of, there wouldn't be any jobs. In the end I give credit to businesses. Somebody has to have the balls to take the risk and get things done. I hate Apple, but I'm going to use them as an example. They employ LOTS OF PEOPLE. If they hadn't taken the risk and created the iPhone and iPad would there be middle-class consumer demand for these products to drive job creation? No, there wouldn't. People only demand them, and thus create jobs for more people to make, sell, and service them because Mr. Jobs took the initiative. Most of these types of products had no demand before a business said "hey, look what we've made, isn't this cool."
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