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Politics : Formerly About Advanced Micro Devices
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From: i-node11/30/2015 2:06:33 PM
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TideGlider

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>> Without demand, there are no jobs. Pure and simple. No one hires someone who isn't a relative unless there is work for them to do.

This is blatantly incorrect. Not "pure and simple."

Demand doesn't create jobs. Innovation does. Production does. And it matters.

Production creates jobs, economic growth, and fuels demand. The first iPhone was creating jobs long before there was demand for it (albeit many of them in China).

There is no evidence you can just create demand by spending taxpayer dollars. That money is taken from the pool of investment dollars or from innovators and has an "unseen" cost in that those funds can no longer be used to innovate and produce goods and services.

Even when government spends taxpayer dollars to build highways, it does not create jobs. It simply moves them from one place to another at best, and typically does so at the cost of some productivity.
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