Henrey Blodget: Sorry, Folks, Rich People Actually Don't 'Create The Jobs'

[Winehole23]

There is no demand for something before it exists.

some needs are more unavoidable than others. clothing food and shelter come to mind.

[TeyshaBlue]

you can build little, sell a little, build a little more, repeat, repeat, repeat, generating profits to finance the next round of build. and each iteration of build should increase the skill to build it.

You wont do this without a war chest.

[Wild Cobra]

a cheap win: you've proven your point by whining.
.

A statement of fact or my opinion is not whining. This thread le is food for whiners.

[TeyshaBlue]

Actually, the thread le is food for thought.... but you have to be hungry to recognize this.

[Winehole23]

A statement of fact or my opinion is not whining. This thread le is food for whiners.

self-fulfilling prophecy. you're the winner in this thread, hands down.

lol whining about absent whiners

[Winehole23]

There is no demand for something before it exists.

What was the demand for Amazon's air delivery system before yesterday? It was 0. today? A lot higher.

It can't exist without capital investment. That isn't the same thing as trading stocks.

without capital investment there may be no job in the first place, but in the second there is no profit for the capitalist without labor and the value added to production thereby. can't have one without the other: interdependence.

[Winehole23]

neither labor nor capital, but both, presupposing the market.

[Winehole23]

there's no golden egg without all the parties, and all the contracts/exchanges obtaining between.

[Winehole23]

putting either capital or labor (or the consumer, for that matter) first reflects ideology, not reality.

[Rogue]

They don't create no jobs, they just divide the same weight of black bread into more pieces so that more people will be able to feed themselves

[Winehole23]

huh?

[boutons_deux]

You wont do this without a war chest.

lots of entrepreneurs start out very small, with capital too small to be called a war chest (Americans just love war and killing)

[TeyshaBlue]

Lots of them fail because they under-capitalized their start up.

[boutons_deux]

Lots of them fail because they under-capitalized their start up.

90% in 2 years fail, but not all because of lack of capital.

Just goes to prove that the mythical American Dream of "anybody can be a millionaire" is bull . Probably 90% of the people are best suited to be wage slaves, not entrepreneurs, and working for managers 90% of whom are ty managers.

[TeyshaBlue]

lol war and killing.

[AntiChrist]

derrr, poor people do

[Winehole23]

there's the glibness I was talking about

[Th'Pusher]

DarrinS gets asshurt by any assertion that goes against his narrow worldview. He can't help but to respond, but he has no value to add.

[Winehole23]

lol boutons looking down his nose at the 99%

[boutons_deux]

lol boutons looking down his nose at the 99%

LOL WineHole looking up his asshole, looking for his head

[boutons_deux]

lol boutons looking down his nose at the 99%

There's been lots of "looking down their noses" studies of small business startup by the 99%, what makes some succeed, and what makes a huge majority of them fail within 2 years. GFY

[Winehole23]

Probably 90% of the people are best suited to be wage slaves, not entrepreneurs, and working for managers 90% of whom are ty managers.

whatever you say, Mr. Boss Man