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Requiem for the Job Creators

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It’s an endless refrain. If only the wealthy had the resources, they could stimulate the economy by investing in new business and hiring workers to satisfy consumer demand. There’s just one glaring problem with this scenario; consumer demand decreases in hard times. And without consumer demand, there is no compelling reason for entrepreneurs, venture capitalists, or current business owners to ramp up production. In fact it’s often prudent to scale back until such demand warrants further investment.

But that’s a double edged sword, isn’t it? There isn’t any reason for consumers to create demand unless the economy is such that they are able to shop for more durable goods. So which comes first, the chicken or the egg? This has long been an economic argument where there are no clear winners. Essentially, you can’t have one without the other. But business owners argue for the supply side economics while the public argues for the…

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Acerca de MANON KUBLER BY MANON KUBLER

MANON KUBLER, ESCRITORA Y PERIODISTA EN RETIRADA. PREPARO MIS LLAGAS. EXPULSO MIS FUEGOS. TENGO HAMBRE Y VINE PARA QUEDARME. MANON KUBLER

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