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Thread: Reid: Millionaires don't create jobs

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    Default Reid: Millionaires don't create jobs

    Fact Check: Harry Reid‘s Claim That ’Millionaire job Creators…Don’t Exist’ Thoroughly Debunked

    Millionaire job creators are like unicorns. They’re impossible to find, and they don’t exist…Only a tiny fraction of people making more than a million dollars, probably less than 1 percent, are small business owners. And only a tiny fraction of that tiny fraction are traditional job creators…Most of these businesses are hedge fund managers or wealthy lawyers. They don’t do much hiring and they don’t need tax breaks.

    http://www.theblaze.com/stories/fact...ghly-debunked/

    this is as dumb as dixie's claim that bringing taxes back to clinton levels will cause the rich to work less in order to make less money

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    Of course they don't, poor people do. I'm hard left and want to punch Harry in the face.

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    Quote Originally Posted by The Dude View Post
    Of course they don't, poor people do. I'm hard left and want to punch Harry in the face.

    If you were 'hard left', your stupidity alone would demand you agree with Harry as I'm sure Christiefan, Darla, Zappa and onecell will....

    so maybe you're not a hard left as you think....
    Put blame where it belongs
    ATF decided it could not regulate bump stocks during the Obama administration.
    It that time," the NRA wrote in a statement. "The NRA believes that devices designed to allow semiautomatic rifles to function like fully-automatic rifles should be subject to additional regulations."
    The ATF and Obama admin. ignored the NRA recommendations.


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    Quote Originally Posted by bravo View Post
    If you were 'hard left', your stupidity alone would demand you agree with Harry as I'm sure Christiefan, Darla, Zappa and onecell will....

    so maybe you're not a hard left as you think....
    he is hard left socially, leans right fiscally

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    Quote Originally Posted by bravo View Post
    If you were 'hard left', your stupidity alone would demand you agree with Harry as I'm sure Christiefan, Darla, Zappa and onecell will....

    so maybe you're not a hard left as you think....
    According to every test someone links I am. With the exceptions of being pro energy independent, pro investor, and anti giveaway which applies to wall street and unemployed hand out moron street.

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    Quote Originally Posted by Eye View Post
    he is hard left socially, leans right fiscally
    I'm a wierdo dope smoking could care less what gays do, investing guru!

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    Simple Example Of Why 'Rich People' Don't Create Jobs

    MILLIONAIRE'S ISLAND: A

    Henry Blodget|December 15, 2011|
    16,846|120



      • 1
      • 1




    An unspoiled wilderness with no poor people. Paradise! (wikipedia commons)

    As everyone in this country keeps blaming everyone else for our high unemployment rate, one assertion gets repeated so often that it is now regarded as fact:
    Rich people create jobs.
    Specifically, the argument goes, entrepreneurs and investors create jobs.
    So if we want to create more jobs, the argument continues, we need to cut taxes on entrepreneurs and investors--to increase their incentive to create jobs.
    Now, I'm an entrepreneur, and Business Insider employs about 75 people, up from zero four years ago. So if this assertion were true, I'd happily espouse it. It would make me feel great, believing that I had created all those jobs. And it would make me feel perfectly justified in paying historically low tax rates. (After all, I created these jobs!).




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    Unfortunately, as I explained in detail here, this assertion is wrong: Entrepreneurs and investors actually don't create jobs, at least not by themselves. What creates jobs is a healthy economic ecosystem, of which entrepreneurs and investors are only parts. The more important part of the job-creation engine is a huge base of people and companies with plentiful disposable income. Specifically, millions upon millions of customers with money to spend.
    Without our generous readers and sponsors and dedicated team, all the jobs I "created" at BI would immediately cease to exist (including mine). I'm patient and determined, but I'm not Sisyphus. And our investors are good people, but they're also, justifiably, impatient (they, too, have clients to serve and jobs to keep). And I certainly couldn't produce BI by myself. So if BI hadn't quickly gained traction with readers and sponsors and hired a great team, my investors and I would have switched the lights off. And all those jobs would have gone "poof."
    Without healthy customers, in other words, entrepreneurs and investors can create prototypes, or do R&D, but they can't create self-sustaining jobs. To create self-sustaining jobs, companies need to sell their products and services into a marketplace that 1) wants them, and 2) can afford them. The marketplace also needs laws, law-enforcement, property rights, transportation systems, resources, rules, and other attributes of healthy free-market economies that help companies and society function. Without all those things, entrepreneurs and investors can't create jack.




    Read more: http://articles.businessinsider.com/...#ixzz1hgz1MpoF
    It is the responsibility of every American citizen to own a modern military rifle.

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    It is the responsibility of every American citizen to own a modern military rifle.

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    It is the responsibility of every American citizen to own a modern military rifle.

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    How many people you employ fence boy!

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    Quote Originally Posted by The Dude View Post
    How many people you employ fence boy!
    More than you, Dumbass, since I am an employer not an employee like you bean counter.
    It is the responsibility of every American citizen to own a modern military rifle.

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    Millionaires take jobs. They could've hired more people with the money they chose to instead stuff into their fat pockets. They chose not to.
    "Do not think that I came to bring peace... I did not come to bring peace, but a sword." - Matthew 10:34

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    Quote Originally Posted by Return of Dune View Post
    More than you, Dumbass, since I am an employer not an employee like you bean counter.
    Welder boy you own 5 companies and employee a bunch of people. If you are not worth a million your the dumbest mutha fucker here.

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    Quote Originally Posted by The Dude View Post
    Welder boy you own 5 companies and employee a bunch of people. If you are not worth a million your the dumbest mutha fucker here.
    Fuck you, I actualy support families.
    It is the responsibility of every American citizen to own a modern military rifle.

  15. The Following User Says Thank You to Rune For This Post:

    FUCK THE POLICE (12-27-2011)

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    Are you worth a million?

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