General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
SmallSpoonBrigade
How Money Works
comments
Comments by "SmallSpoonBrigade" (@SmallSpoonBrigade) on "The Myth Of The "Job Creator" - How Money Works" video.
Yes, and that wouldn't inherently be an issue if there were plans in place to ensure that everybody had the basic necessities and something to do with their time. As things get more automated, there's going to be fewer jobs that involve anything useful going on. Either you'll have make work, roving bands of hooligans or some sort of pay for hobbies going on. There are few if any alternatives.
11
@Sweet Toother Yes, but OTOH, if you have to borrow money to hire people then either you're a start up, and automatically a higher risk, or you're overextended, a higher risk.
7
That's not inherently a bad deal, but it usually is a bad deal because of the lack of oversight and clawbacks for when they fail to follow through. If the new business brings in more money from outside the region, it can still be a legitimate net gain for the locality, that just usually doesn't happen.
7
@zinjanthropus322 But, that's still not them creating jobs, that's them matching the demand. What created the job was the demand for it to be done by people willing and able to pay for it. If you don't have people willing and able to pay, then you don't really have a job, you have charity work.
2
@zinjanthropus322 No, but if you don't have demand, you'll never get jobs. Nobody is going to make those jobs without there being a belief, or proof, of demand.Very few people are going to give money for something with no market and no benefit to the area in general that has any sort of accumulated wealth to draw on..
2