this thread has turned into a better and more complex way of asking what i was trying to ask on page 2, and no one addressed. again, i know next to nothing about finance and running a for-profit business, so i apologize that i have to have your brilliant minds dumb it down for me.
- companies are recording record profits, and aren't hiring anyone. in order to hire people, one would think they would have to expand their consumer base, whether that be individual consumers or investments that would expand their operations.
- apparently, any expanHOLD ON GOTTA KILL THIS BUG
- apparently, any expansion these companies have seen has not required more employees, which suggests that there is an insufficient diversity of demand and/or not enough demand, period.
- another point - i appreciate your illustrative examples, deacman, but what if that ethanol plant and that condo building weren't a good idea in the first place? you say "someone
wants to build a plant/condo, but unemployment is high, and i have no idea who is going to buy that fuel or rent those condos.
- so what i'm saying is, shouldn't we be worrying more about providing incentives to consumers, so they can buy things, instead of companies who won't have a demand base that allows them to hire more employees? won't that be mutually beneficial and graduate more people into higher tax brackets, thus increasing government income and allowing the government to provide more incentives to consumers?
I'm intrigued by this idea.
or, dare i say, are we operating our economy in an outdated fashion that awards making more and more goods, services, and investments that are increasingly unnecessary? we talk about cutting government waste - what about
cutting corporate waste so that they have more money for hiring and profits?
I think they've done that already and focused more on the profits not the hiring.
