Who creates jobs? The "rich" or the "non-rich"?

Lol, I mean seriously. The only other job creator I can think of is the government, if not the rich.

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  • 2 years ago

    Entrepreneurs start the initial small business then once the business grows, more job opportunities become available as the business requires more staff.

  • Anonymous
    2 years ago

    If a customer is UNWILLING TO PAY to get a job done, how do the "rich" create jobs?

    http://uk.businessinsider.com/rich-people-create-j...

    Rich merely indulge in mergers and acquisitions and share buy backs, or get rid of staff who actually do the work, whilst the bosses swan about awarding themselves hefty bonuses. The customer SHOULD HAVE THE RIGHT TO VETO their remuneration, for inadequate services, whilst increasing prices.

    Middle-class consumers "create" jobs.

    http://www.informationclearinghouse.info/article31...

  • Anonymous
    2 years ago

    The rich do create jobs, but their Ego might be getting the best of them when it comes to this subject.

    What creates jobs is when the middle class has extra spending money.

  • 2 years ago

    The homeless are doing a pretty good at creating jobs of Haz-Mat clean-up crews, cops, bureaucrats, emergency room docs & nurses & social workers.

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  • Capitalism creates jobs. Even a kid from the slums who buys a cheap pair of shoes is helping to create jobs. The buyer values what he buys more than what he pays. The seller values the money more than what he sells. Both win. Overall wealth increases. But that wealth doesn't vanish once it's spent. It gets circulated over and over again. Adam Smith called the cycle of demand and supply: the invisible hand. Demand creates supply. Supply and demand create jobs.

    Anyone who spends any money is creating jobs. All wealth comes from sales All jobs come from profits from sales. The Government sells virtually nothing. Moreover, every dollar the government spends on it's employees was taken from profits that are not available to create jobs.  However, Government spending on infrastructure and security goes a long way to promote commerce. When government improves infrastructure, and provides secure areas in which to do business, there is a positive return on investment for society. When it is easier and safer to buy and sell goods. Commerce will generate more jobs.

  • 2 years ago

    Anyone who needs or wants something done for them and will pay someone else to do it. That can be anybody. If you decide that your time is more valuable, whether you use that time to earn for yourself or use if for leisure activities, spent doing those things than in doing household chores indoors or outdoors, you pay someone else to do those chores. YOU just created a job for someone. I wouldn't call anybody in my neighborhood rich, but collectively, we keep a lot of landscapers, driveway sealers and snow plowers (those two are often the same people) in work.

    The wealthy play a very important role, in the field of consumer goods, that few understand and even fewer will acknowledge. In the early days of most technologies that wind up being mass-marketed, those products are expensive and only the wealthy can afford them. The wealthy tend to also be seekers of new things and are willing to spend $2,000 on that very early video tape machine (first the Beta and later the VHS), just as one example. Enough willing, wealthy spenders kept those markets afloat until the economy of scale could develop so those products could both evolve and improve, and be made so the masses could afford them. Electronics, phones, many, many consumer goods.

  • 2 years ago

    Demand creates jobs. People with money to spend, create jobs. "The rich are sitting on trillions of dollars" while the "non-rich" are struggling.

  • 2 years ago

    Wrong on both accounts.

    Jobs are created by an increase in demand for a good or a service, almost always from the consumers.

    Not the rich, not the government.

  • 2 years ago

    Production and the demand for products.

  • 2 years ago

    The non-rich buy things, which helps businesses, aka the rich, who hire more people.

    It's like a circle, dude...

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