Many don't think corporate raiders create jobs, apparently

[SmarterthanYou]

Cite your examples.

BTW, I asked about net job gains, not net profits.

as long as there are net profits, there will be net jobs gains. It's a simple fact of commercial economics. surely you can understand that.

 

[Guns Guns Guns]

as long as there are net profits, there will be net jobs gains. It's a simple fact of commercial economics. surely you can understand that.

Really?

Then you can cite statistics, surely?

 

[SmarterthanYou]

Really?

Then you can cite statistics, surely?

I could, but it's not necessary. examples of history and a basic understanding of business management are all that is needed.

 

[Guns Guns Guns]

I could, but it's not necessary. examples of history and a basic understanding of business management are all that is needed.

You could?

But you didn't.

Can you supply verifiable examples of corporate raiders adding net jobs to the economy, or not?

 

[SmarterthanYou]

You could?

But you didn't.

Can you supply verifiable examples of corporate raiders adding net jobs to the economy, or not?

I can, but I won't. you are not that stupid that you NEED specific verifiable examples of job gains. I will not supply you info you already know just to satisfy your trollish ways.

 

[Guns Guns Guns]

I can, but I won't. you are not that stupid that you NEED specific verifiable examples of job gains. I will not supply you info you already know just to satisfy your trollish ways.

I didn't think you could. Thanks for admitting as much.

 

[SmarterthanYou]

I didn't think you could. Thanks for admitting as much.

that you're a troll? yes, you are. thank you for admitting it.

 

[Guns Guns Guns]

that you're a troll? yes, you are. thank you for admitting it.

LOL, the last resort of the beaten rightie. Thanks for the laughs.

 

[SmarterthanYou]

LOL, the last resort of the beaten rightie. Thanks for the laughs.

i'm glad you find your trolling funny. I'm also laughing because of the laughingstock you've made yourself here. thanks.

 

[apple0154]

as long as there are net profits, there will be net jobs gains. It's a simple fact of commercial economics. surely you can understand that.

When a company automates a plant there is a net profit along with a net loss of jobs.

 

[Guns Guns Guns]

When a company automates a plant there is a net profit along with a net loss of jobs.

But SmarterThanFew says "as long as there are net profits, there will be net jobs gains. It's a simple fact of commercial economics".

 

[SmarterthanYou]

When a company automates a plant there is a net profit along with a net loss of jobs.

now class, explain why companies automate.

 

[Guns Guns Guns]

now class, explain why companies automate.

To create jobs?

 

[SmarterthanYou]

To create jobs?

nope. try again.

 

[Guns Guns Guns]

nope. try again.

To create net profits, which, according to you, result in net jobs gained?

 

[SmarterthanYou]

To create net profits, which, according to you, result in net jobs gained?

while net profits is a result of automation, that is not the reason for automation. try again.

 

[Guns Guns Guns]

while net profits is a result of automation, that is not the reason for automation. try again.

Since you claim that "net profits is a result of automation", and "as long as there are net profits, there will be net jobs gains", let's see some examples of this as implemented by corporate raiders.

 

[apple0154]

now class, explain why companies automate.

Maybe the class should stay on the subject of "net profits mean net job gains". Automation results in a loss of jobs and a gain of net profits.

 

[apple0154]

while net profits is a result of automation, that is not the reason for automation. try again.

Huh? A company will automate but profits are not the reason for doing so?

I can't wait to hear the logic behind that. Please continue.

 

[SmarterthanYou]

Huh? A company will automate but profits are not the reason for doing so?

I can't wait to hear the logic behind that. Please continue.

automation comes about to lower the costs involved in making a product. that is all. it does have the net result of an increase in profit, but if labor costs stay in line with the value of making the product, it offers no incentive for the employer to automate and can even increase the capital budget needed for automation. therefore, the reason most companies end up automating is because labor has demanded living wages which make costs of producing a product prohibitive. elementary economics.