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

**Jxmwzgpv** · 05-18-2012, 11:47 PM

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."

Not really. The demand for those devices was already there, the demand urged Jobs to make the iPhone not the other way round.

People used to spend 500 bucks on Nokia N95's and Motorola RAZR's and Blackberries. Now they spend the same money on iPhones.

The number or jobs created by Apple is nothing compared to the amount of money that apple makes.

05-18-2012, 11:47 PM	#3
Jxmwzgpv Join Date Oct 2005 Posts 434 Senior Member	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." Not really. The demand for those devices was already there, the demand urged Jobs to make the iPhone not the other way round. People used to spend 500 bucks on Nokia N95's and Motorola RAZR's and Blackberries. Now they spend the same money on iPhones. The number or jobs created by Apple is nothing compared to the amount of money that apple makes.
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