President Obama's Approval Rating On The Economy Is Down

[nathanm]

That's spot on. It is mind blowing to me when I read that companies are obligated to hand out jobs to people.  

They're only obligated to do so if they would like to have customers. People without money can't buy things. It blows my mind that you don't understand that.

[Gaspar]

They're only obligated to do so if they would like to have customers. People without money can't buy things. It blows my mind that you don't understand that.

Companies that "hand out" jobs do not make money.  That philosophy is reserved for government.

[nathanm]

Companies that "hand out" jobs do not make money.  That philosophy is reserved for government.

Way to miss the point.

Do you agree that people without money can't buy things?

[guido911]

They're only obligated to do so if they would like to have customers. People without money can't buy things. It blows my mind that you don't understand that.

That is perhaps the most inane post you have made in this forum. Companies need to hire people they may not need in order to have customers for its products? Are you freakin serious? He!!, why don't companies just start handing out its profits to the public in general and just screw the hassle of dealing with employees?

[nathanm]

That is perhaps the most inane post you have made in this forum. Companies need to hire people they may not need in order to have customers for its products? Are you freakin serious? He!!, why don't companies just start handing out its profits to the public in general and just screw the hassle of dealing with employees?

It really helps when you don't read things through ideological blinders.

It's pretty simple, really. If nobody is employed, nobody can buy anything, so business doesn't get done. I didn't say anything about hiring people they don't need, only if they keep laying people off, they'll soon have no customers. It's a vicious cycle. Layoffs lead to lower demand, lower demand leads to more layoffs, which leads to less demand. It's called deflation. We're seeing it take hold right before our eyes.

[guido911]

It really helps when you don't read things through ideological blinders.

It's pretty simple, really. If nobody is employed, nobody can buy anything, so business doesn't get done. I didn't say anything about hiring people they don't need, only if they keep laying people off, they'll soon have no customers. It's a vicious cycle. Layoffs lead to lower demand, lower demand leads to more layoffs, which leads to less demand. It's called deflation. We're seeing it take hold right before our eyes.

Thanks for that piece of prophetic wisdom:



The context of my original post was to adopt Conan's contention, now you back-pedal.

[nathanm]

Thanks for that piece of prophetic wisdom:

The context of my original post was to adopt Conan's contention, now you back-pedal.

I'm not backpedaling at all. Businesses have an obligation to themselves to employ people.

Your gotcha style is getting tiresome.

[guido911]

Your gotcha style is getting tiresome.

And so is your "jack of all trades, master of none" style.

[nathanm]

I think the forum can do without the pissing contest which was here

[guido911]

I'll take it over your hateful xenophobic schtick any day of the week.

And I'll tell you one more damn time, I have done more to advance the rights of minorities than you any day. I am tired of slapping you around Nate.

[nathanm]

I think the forum can do without the pissing contest which was here

[Cats Cats Cats]

That defies economic logic: "Let's spend money on new employees because we have a bunch of cash and not enough people standing around."

I am pointing out the only point of Republican tax policy.  If the companies make more money, they hire more people.  Which as you said, is complete and total BS.

[Cats Cats Cats]

It's pretty simple, really. If nobody is employed, nobody can buy anything, so business doesn't get done. I didn't say anything about hiring people they don't need, only if they keep laying people off, they'll soon have no customers. It's a vicious cycle. Layoffs lead to lower demand, lower demand leads to more layoffs, which leads to less demand. It's called deflation. We're seeing it take hold right before our eyes.

Why this is news to them I don't know...

[we vs us]

So no one argues that 1) businesses are flush and 2) they aren't hiring.  Right now we're looking at a relatively short envelope of time in between these rising profits and the nonhiring.  In other words, corporate America's profits haven't been this high for that long, and the lack of hiring may be a pause rather than a permanent state of affairs. 

But what if it is?  Conan suggests it might be, and I don't think it's implausible, either.  Where do the jobs come from?  How do we employ more people if business decides it doesn't need to?  It may or may not be business's responsibility to provide employment, but that's where we've decided "quality" employment has to come from, so if not them then who?

[Conan71]

So no one argues that 1) businesses are flush and 2) they aren't hiring.  Right now we're looking at a relatively short envelope of time in between these rising profits and the nonhiring.  In other words, corporate America's profits haven't been this high for that long, and the lack of hiring may be a pause rather than a permanent state of affairs. 

But what if it is?  Conan suggests it might be, and I don't think it's implausible, either.  Where do the jobs come from?  How do we employ more people if business decides it doesn't need to?  It may or may not be business's responsibility to provide employment, but that's where we've decided "quality" employment has to come from, so if not them then who?

One problem Americans face is an ever increasing aspiration for a higher standard of living at static or very slowly inflated pricing on lifestyle items and an ever-increasing list of jobs Americans don't want to do anymore.  We, as consumers and workers helped create this mess: "we want cheap durable goods, and oh yeah, we don't want to have to manufacture them either." 

With increased profits, but lower hiring rates, let's hope this translates into re-investing in new equipment and facilities.  That, in-turn would lead to more hiring in related industries.