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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (684996)11/15/2012 5:55:28 PM
From: i-node3 Recommendations  Read Replies (2) of 1577024
 
>> Talk about not knowing how the economy works. Demand creates jobs. No amount of investment is going to business owners to hire if there isn't enough demand to cover the cost of the employee.

I suppose you think that when Apple decided to INVEST money into developing the iPod, the iPhone, and the iPad, consumers were lined up demanding those devices? Devices they they could not even have envisioned at the time?

Do you think when the first CT scanners were sold there was demand for it? Hell no. EMI had been trying to sell it for years and couldn't do it. They couldn't raise the capital. Do you think when a drug manufacturer develops a drug to make women's eyelashes grow there was any demand for it? No one would have even thought about it.

Innovation creates demand. Investment creates innovation.

When you take investment capital out of the hands of investors -- whether wealthy or just plain old people like you and me, innovation suffers, demand suffers, and economic growth suffers.

Tell whoever writes your paycheck that the capital that started his or her business doesn't create demand. If a software developer told me that he'd be looking for a job as it suggests to me he doesn't have a creative bone in his body.
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