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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: SilentZ who wrote (494356)7/11/2009 4:43:21 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1573130
 
Z, > I certainly wouldn't hire somebody to create more of a product that there isn't excess demand for.

If there isn't excess demand, you are likely not making a very healthy profit.

Hence you could use the money to diversify, innovate, compete harder, etc.

Tenchusatsu



To: SilentZ who wrote (494356)7/11/2009 5:33:43 PM
From: tejek  Respond to of 1573130
 
Stimulus is a much more obvious and likely generator of economic improvement. You spend the stimulus; that creates work and jobs. With tax cuts, you've got to hope that businesses and individiduals will spend the savings and not hoard it. And there is enough evidence in that suggests hoarding is the way most people go.

Also, common sense... why would a smart businessman hire people just because he has more money to spend? I certainly wouldn't hire somebody to create more of a product that there isn't excess demand for.


Especially when you don't know what way the economy is going. The human inclination is to save in case the worst happens. But for decades we've been told by Rs that cutting taxes for the rich and for corps. will cause a boon to the economy. And all it was was self serving BS.



To: SilentZ who wrote (494356)7/13/2009 2:38:00 PM
From: combjelly  Read Replies (1) | Respond to of 1573130
 
"why would a smart businessman hire people just because he has more money to spend?"

i-node pushes this concept a lot.