why don't liberals connect more investment to more jobs?
in every recovery from recession, except this last one, jobs created by private investment in new businesses and new equipment outnumbered jobs created by government about seven to one. Why does America's left not recognize this and want to increase investment?
is it Marxist blinders? willful refusal to read economics? or are they under the spell of some slick, fast talking wizard?
- Anonymous3 years agoFavourite answer
The 2008 recession would've healed itself in 7 months, Obama drug it out for 8 years
- 3 years ago
An indirect answer here .... Please read, " Leftism Revisited" , by Erick von Kuehnelt-Leddihn. In it he explains way "liberals" are not lovers of liberty, they are in fact lovers of tyranny. The sad thing is, is that most americans have been taught in the government schools to love the State taking care of them. Most americans are willful followers of the democratically elected leaders, and it logically follows, more and more coercion and taxes, and less true personal liberty and private property. And this movement toward tyranny is all not by some accident or chance. "Whom the gods would destroy, they first make mad." The Master of the Universe judges people by giving them what they want, and they don't want the One True God, The Father.
- J MLv 73 years ago
Because we understand how the economy works. No one creates jobs just because. They create jobs because business is good and they need workers. When the middle class is weak, like it is now, people do not have discretionary income. They do not spend. Only a fool would invest in business when there is no business to be had.
Most investment income does not go to building business and creating jobs. It goes to financial instruments. You make money by lending money, not by building things.
- Anonymous3 years ago
They want the poor to make $3000.00 a year for equality
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- FutureLv 73 years ago
Liberal presidents invest by far the most in jobs. Republicans just give rich guys tax cuts and pretend they did.
- 3 years ago
Liberals were not in power. More voters believe that Democrats are closer to Wall Street. The recession in 2001 was also a jobless recovery.