Quote:
Originally Posted by Botnst
We don't need pyramids of any sort. It's an illusion to think that government programs produce jobs. They do not. Profit produces jobs. Profit comes from improving efficiencies. People who make money hire people by creating wealth. That's where jobs come from.
I'm trying to think of a government example of improving efficiency. Maybe SOCOM over regular forces? But we don't use them for profit. It is so last century.
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Well, yes and no. Government's and profits in and of themselves don't produce jobs. Hiring people produces jobs.
To put it another way, in a perfectly capitalist economy, there would be perfect/pure competition and
no profit.
Asserting that profits somehow produce jobs is ridiculous. Profits mean that some of an entity's revenue
isn't going to pay for someone's employment.