Corporations and companies don't hire people because they have the money to do so, they hire people to fill orders coming in the door. No orders no hires, no matter how much money you give them, no matter where the extra money comes from. Without orders to fill the companies do not need more employees. To increase hiring, you need to put more money in the hands of people who will spend it. Anyone who promises to create jobs with tax cuts or other schemes that do not increase the demand for products is simply trying to con you.
A collection of articles defining our times. The pages contain clickable links, don't let the titles fool you, some of the best articles have very non-descript titles and there are usually more articles on the matters in the days and week pages the links land on so it's a sort of treasure hunt through history, Enjoy!
Sunday, May 26, 2019
Ford Announces Massive Layoffs
Corporations and companies don't hire people because they have the money to do so, they hire people to fill orders coming in the door. No orders no hires, no matter how much money you give them, no matter where the extra money comes from. Without orders to fill the companies do not need more employees. To increase hiring, you need to put more money in the hands of people who will spend it. Anyone who promises to create jobs with tax cuts or other schemes that do not increase the demand for products is simply trying to con you.
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