Job Creation Part Two – A Better Way
Business Driven Job Creation
(Based on the principles proven to work time and time again.)
Some highly restrictive regulations are toned down and taxes on businesses are reduced.
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This gives businesses more flexibility. This gives them more of their own dollars to invest in growth. There is less need for borrowing and incurring debt.
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Businesses grow. They hire more workers.
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People find jobs.
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People have more $ to spend without the need to borrow.
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People begin to make more purchases. Businesses continue to grow.
Their confidence in the economy returns. As they grow, they continue to hire.
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More people now have $ to spend without the need to borrow.
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People begin to make more purchases. Businesses continue to grow.
Their confidence in the economy returns. As they grow, they continue to hire.
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More people now have money to spend without the need to borrow.
A circular and a perpetual growth pattern develops. Even if interest rates rise, and they will, the effect will be minimal since the growth is self-perpetuating and not built on borrowed cash.
Moriah's Musings 