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General Discussion / Re: Calm and Cool Progressive Discussion Thread
« on: March 10, 2013, 01:05:14 am »
The rich/businesses as job makers? Dunno if that was this thread or another one but it came up. And yeah, th'concept is so backassward it's almost surprising it gained traction. Consumers (/demand) are what causes an increase in employment, and despite having an overwhelming amount of the resources th'high wealth folks don't increase demand nearly proportionally to what they take in/hoard (surprise surprise, money stagnating in a bank or tied up in land is bad for the economy!). Regarding businesses, they only hire more folks if they've got more business than they can handle, not just 'cause they're making more money.
Was a canceled TED talk that put the concept more elegantly. Though that's definitely not something that came up in the last week and a half. Might be a bit iffy on the exact opposite bit, too.
Was a canceled TED talk that put the concept more elegantly. Though that's definitely not something that came up in the last week and a half. Might be a bit iffy on the exact opposite bit, too.
