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View Diary: Austerity or stimulus? A quick note about that jobs report ... (163 comments)

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  •  you're missing the point (5+ / 0-)

    Mr. Lewis, focusing on the big companies misses the point.  The big companies are not the primary job generators.  Our 13-employee company in the midwest created more jobs in the last decade (5) than the big three automakers (negative several hundred thousand).

    The reality is that due to uncertainty you won't undertake a big improvement to your home these days.  Similarly, the medium-sized employers like us (the real job creators) are frozen and won't hire.  The uncertainties which depress job creation are 1) giant tax cliff on 1-1-13, 2) unknown impact of Affordable Care when it's implemented soon, 3) unpredictable effects of regulation from Dodd-Frank to MATS to others, 4) unknown government responses to record deficits and debt.

    We progs need clear solutions to these uncertainties, or Romney will exploit them.

    •  Tell that to the Republicans who keep spouting (1+ / 0-)
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      Only Needs a Beat

      the same shit of needing lower and lower and lower taxes - in order to create jobs. The point is - a rebuttal to this FOS argument.

      Mr. Lewis, focusing on the big companies misses the point.

      "I'm sculpting now. Landscapes mostly." ~ Yogi Bear

      by eXtina on Sun Jun 03, 2012 at 06:37:49 AM PDT

      [ Parent ]

    •  You'd be a lot bigger, methinks, (9+ / 0-)

      if you simply looked at the fundamentals of the business you are in. Basic stuff like supply and demand for your product or service. Your competition. Potential untapped customers. Your advertising. Your business processes.  You aren't big enough to make day to day business decisions based on macroeconomic conditions.

      Applying your analogy, I could say I'm more important than the auto companies because I just hired a new secretary at my office.

      This is the problem with the whole "job creator" crap. I'm not in business to "create jobs." I'm in business to make money. If adding jobs helps with that goal, then that's what I'll do. It is real business conditions that should drive real business decisions, not some "confidence fairy" out there that is going to make me feel good and then start hiring people.

    •  this is just not true (3+ / 0-)

      In every industry, there are a small handful of huge supra-national corporations who run everything.  There is only oligopoly everywhere we look—whether it’s electronics, automobiles, energy, transportation, food distribution, retail, or any other industry. A tiny handful of supra-national mega-corporations owns everything. Worldwide.

      The cult of the small business that most free-market ideologues have is an irrelevancy. Small businesses are a nonentity.  Nearly all of them die within their first three years of life. The ones that do survive, live only at the indulgence of the Big Boys, the corporations who really dominate the economy and who really matter—and who routinely stomp small businesses into the ground any time it’s convenient, by either buying them out or driving them under.  WalMart kills dozens of small businesses every time it opens a new store.

      Small businesses are like krill—they flash in and out of existence in a brief moment at the bottom of the food chain, and during their ephemeral lifetime their only purpose is to feed the bigger fish.

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