Woodruff wrote:DoomYoshi wrote:Woodruff wrote:I haven't read the entire thread...I tried, but there was just too much misinformation and outright bullshit. So perhaps what I'm about to say has already been said, I don't know. But that's never stopped me before, so...
The real "job creators" are not the businessmen, not even those who start up businesses. The real job creators are the purchasers, and in particular the poor.
I hear the shrieks already, but allow me to explain.
If a man starts a business selling widgets, and hires employees to make and sell those widgets, but customers don't come to his business in enough numbers to sustain it, that only very temporarily creates any jobs at all. Therefore, the strength of job creation lies with those customers.
Now, why would I suggest that it is the poor who are at most the job creators? Because they put the highest percentage of their income back into the economy. The rich are saving...in fact, statistics say that the rich are saving a lot, through various means. The middle class is sadly moving toward the poor in this regard, as saving within the middle class is starting to become a by-gone thing, so I don't mind including them within that grouping of job creators. But it is those who are returning their income back into the economy who are the job creators.
Therefore, if you want to boost the economy, you do it through the poor (why yes, that might also mean welfare).
All of that trickle-down crap just doesn't reflect the reality. And for what it's worth, I like capitalism. I think it's the best system available for MOST situations.
Giving money to the poor exacerbates the problem of people making and selling widgets. There is too much useless crap.
If someone wants a widget and is willing to pay money for that widget, then clearly that widget is NOT, by definition, useless.
Even if the purchaser in acting against their best interests? or in their worst interests?