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What jobs are in demand?

Demand does not create jobs, supply does??????? WHAT!?!?!?

  • Someone said this to me........ "I'm guessing you've never taken an economics class.. have you? Demand does not create jobs. Jobs are created on the supply side of the equation. There's demand for the cure of the common cold.. not many jobs being created by it, are there?" But you need people to BUY the supply!!!! That is DEMAND!!!!!! Without Demand then people won't buy the Supply.....no matter how low the taxes are on "suppliers" If people don't got the MONEY to buy what your selling why would you create more jobs???? No Demand from the poor and middle class (since they spend more in this Economy)..... No Jobs!!! Is a Business owner that has High Demand with high taxes not gonna hire more help??? BTW Yes that person did just compare the common cold to the economy..... Thoughts??? http://answers.yahoo.com/question/index;_ylt=Ah4MYwHokCCB.QCl9EWeqNHsy6IX;_ylv=3?qid=20111031082607AAyGLwy

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    It's really frustrating to see how well the 1% have succeeded in convincing a very large group of people that economies are driven by supply and not by demand ... What a farce! There's the top 1%, via supply-side economics, enjoying all the extra cash sent their way (through the tax code and other ways) to be used to create jobs that will produce a supply of products for consumers to buy. But, the problem is that they won't hire and produce product unless they see a reasonable chance that they will be able to sell what they produce ... i.e. Without the expectation of a DEMAND for their product, they will not produce it. So, you have these wealthy supply-siders raking in all the money the country sends their way because they are the proverbial "job creators". But, these supply-siders won't create the product (and so the jobs to create the product) unless they see a demand for the product .... They have managed to have their cake and eat it too by duping many in the middle and lower classes into believing that supply-side economics works ... And, it's destroying the country. But, not the wealthy. @ regerugged, You say essentially that supply creates it's own demand and give the example that there was no demand for HD TV's since everyone already had analog TV's. Yet when the supply of HD TV's hit the markets, they created the demand and, therefore, sold. ........... I take issue with that. There was a demand for HD TV's before the concept was even developed let alone the actual HD TV itself. There is an automatic demand in this country for any new technology involving communications. People want, and will purchase, the latest electronic "whatever". And, if the initial product run sells successfully, the manufacturer will determine that there is enough demand to continue production. But, if the initial run doesn't do well, then the manufacturer will seriously consider stopping production because the demand for the product has been shown to be insufficient. i.e. NOTHING is produced unless there is a reasonable expectation of sufficient DEMAND for the product. DEMAND drives production. Yes, job creation occurs on the supply side of the economic equation because it takes workers to make product. But, it's demand (or the expectation of demand) for product that drives entrepreneures to hire and produce. .

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Must have been a neocon making yet another bizzarro world statement like that

Chi Guy

On the macro-level, increases in taxes, especially on upper income people, is quite expansionary for the economy. The government uses these funds for goods and services and injects them into the economy; thus increasing the spending multiplier, production, and employment. The notion that if you cut taxes on the rich and everyone will be happy as jobs suddenly become plentiful is a load of horse5hit and thus perfectly characterizes the right winger's la la land economic philosophy.

juicebox

High demand and High taxes do not normally coincide. When you raise taxes, you decrease people's disposable income. "I'm guessing you've never taken an economics class.. have you?

Lynn

Supply and demand go together. The supply/demand curve looks like a bent "X". With a supply of something, you can create a demand. HD TVs are an example. There was no demand, since we had analog TVs. When the supply hit the markets, the demand picked up. Then more supply...then greater demand.

regerugged

It all begins with supply! They are teaching keynesian economics in our public colleges!(which is very misguided)

Mathew

supply and demand, don't work with out each other. They are not separate from each other so both of you make no sense

ingsoc1

I'm guessing you've never taken an economics class.. have you? That was a totally clueless rant, the "someone" actually knew what he was talking about.

Liberals Are Haters

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