SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Eric who wrote (1444393)3/6/2024 1:25:31 PM
From: PKRBKR  Respond to of 1575421
 
Actually there is an employment force multiplier effect.

I'm sure that's included already. It's how government sells and justifies these boondoggles. I looked at a former employer that makes stuff and generates much cash and their sales per employee were ~$330k. Where the heck is all that money going?



To: Eric who wrote (1444393)3/6/2024 1:37:21 PM
From: Tenchusatsu1 Recommendation

Recommended By
Bill

  Respond to of 1575421
 
Eric,
Actually there is an employment force multiplier effect.
That holds true when jobs are created in the private sector through the free market.

But when jobs are "created" through government stimulus or mandates, more often than not that actually creates a drag on the economy.

Because instead of winners and losers being picked by the market, they are instead picked by bureaucrats.

And these bureaucrats will focus on nothing more than making the numbers look good.

Or blaming the "other side" when the numbers don't look good.

Tenchusatsu