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View Diary: Eugene Robinson on Unemployment benefits, the cruelest cut of all (8 comments)

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  •  Happy - I think your point is correct for (2+ / 0-)
    Recommended by:
    HappyinNM, ladybug53

    businesses large and small. Businesses will add new employees when they can't fill orders with the employees they now have.

    "let's talk about that"

    by VClib on Mon Dec 30, 2013 at 10:14:59 PM PST

    [ Parent ]

    •  I separated the two because large businesses (5+ / 0-)

      could feasibly be sitting on cash they could invest to expand the business. Maybe develop new products. Mom and Pop businesses usually aren't in a financial position to do R&D. But businesses, large or small, aren't going to hire people for window dressing.

      •  Happy - large companies continually invest in R&D (1+ / 0-)
        Recommended by:
        ladybug53

        the amounts vary, but R&D spending is typically less than 5% of revenues. It's the traditional areas of making and selling products that have the most employees. Without higher demand we won't see more employment.

        "let's talk about that"

        by VClib on Mon Dec 30, 2013 at 11:25:00 PM PST

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        •  people have to have money for higher demand (4+ / 0-)
          Recommended by:
          HappyinNM, ladybug53, Chi, Dirtandiron

          that is why just the extension of the now expired unemployment benefits lead to 200,000 new jobs - because those benefits get spent

          "We didn't set out to save the world; we set out to wonder how other people are doing and to reflect on how our actions affect other people's hearts." - Pema Chodron

          by teacherken on Tue Dec 31, 2013 at 03:00:33 AM PST

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        •  also there is this about sitting on cash (3+ / 0-)
          Recommended by:
          HappyinNM, ladybug53, Dirtandiron

          pay their workers more - those workers will spend the money.  That creates more demand.

          "We didn't set out to save the world; we set out to wonder how other people are doing and to reflect on how our actions affect other people's hearts." - Pema Chodron

          by teacherken on Tue Dec 31, 2013 at 03:05:07 AM PST

          [ Parent ]

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