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So do we just keep sending them the same benefits when they can’t find work because the businesses failed?
by burgerzzz 7y ago
So do we just keep sending them the same benefits when they can’t find work because the businesses failed?
- Red_Leaves_Flyy 7y agoCross that bridge if we get to it.
- ianai 7y agoIn that scenario the money sent to them still gets spent locally. They’ll still need to pay rent or mortgage, buy groceries, etc etc. They’re not going to sit on it like corporations do.
- zalkota 7y agoCorporations reinvest it and create jobs, the better idea would be to bail out companies but ban stock buybacks. You need businesses, or else jobs won’t exists.
- lumost 7y agoPeople last longer than corporations. The entrepreneurs on this site often create multiple corporations.
- chrisbennet 7y agoCorporations only "reinvest and create jobs" if they have now choice i.e. the only add more waiters if they have too many customers. TED Talk: Nick Hanauer "Rich people don't create jobs" https://www.youtube.com/watch?v=CKCvf8E7V1g https://www.youtube.com/watch?v=CKCvf8E7V1g As you noted, the spend and windfall on buybacks or maybe automation. https://arstechnica.com/tech-policy/2019/05/att-promised-7000-new-jobs-to-get-tax-break-it-cut-23000-jobs-instead/ https://arstechnica.com/tech-policy/2019/05/att-promised-700...