Zebo
Elite Member
- Jul 29, 2001
- 39,398
- 19
- 81
Correct. It's obvious that the whole "investment is required for jobs" song and dance falls flat on it's face when that investment occurs offshore, and when there's actually negative investment in productive endeavors in this country. If we can't have the investment, then we need to benefit indirectly from that diversion of investment in the form of taxation...
You don't create a job when you sell short, buy a rental, or drill a well and many other endeavors I can think of. In fact a small businessman's dream is to be employee free and derive significant income from primary and tertiary streams. Of course it's all horseshit anyway - jobs are created by consumers not by investors. Investors don't open new liquor stores, expand businesses, buy new equipment, research and development for the next ipod or anything else if there's no demand. By taking demand away from consumers visa vi high taxation, high interest rates and/or low wages it's a surefire way to drive economy in the crapper.