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Banta writes: "... the basic notion that business experience gives a special insight into the creation of jobs deserves a lot more attention from the press than it has gotten. In particular, how do the policies promoted by the business community actually relate to the creation of jobs?"

Mitt Romney and other Bain Capital partners pantomime for a 1984 photo adorned with money. (photo: Bain Capital)
Mitt Romney and other Bain Capital partners pantomime for a 1984 photo adorned with money. (photo: Bain Capital)

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+18 # Rick Levy 2012-01-15 19:27
Ha! I've been saying the same thing for the longest time. The principle is so simple a two year old could understand it. If people think that employers create jobs out of the goodness of their hearts, they are truly stupid.
 
 
+5 # Capn Canard 2012-01-16 10:08
Rick Levy, dude the idea that businessmen create jobs is, as you may know, a complete fabrication and our complicit media doesn't even consider to question AUTHORITY or to do even the most basic of research. Like you I've been ranting about this for years and all I get are blank stares of a deer in headlights.
 
 
+15 # LessSaid 2012-01-15 20:33
In general, jobs are a need evil for businesses. It an business expense that they are trying everyday to overcome.
 
 
+4 # mwd870 2012-01-16 08:25
"Corporate leaders’ goal is to make a profit, and that ‘any sane businessman wants to employ as few people as he can.’ If jobs get in the way of profits, the jobs go – as Mitt Romney well knows."

Statistics say most private sector jobs are created by small businesses. I would not attribute the above quote to small, local businesses. (This doesn't count the *loophole* that allows corporations to call themselves small businesses, which is tied to how they incorporate, I think.)

For large corporations and Wall Street, increasing profit is the only endgame. The principle is so simple a two-year-old could understand it [Rick]. Romney's claims are a part of the larger conservative strategy (think Koch Brothers) to convince people that the sky is green and Wall Street/lobbying are not in need of serious reform.
 
 
+2 # LeeBlack 2012-01-16 15:52
Robots in manufacturing were created to eliminate 'human' workers. It's cutting costs and providing more profit for companies and their share holders. Outsourcing became popular because cheaper labor was available.

As was said by others: obvious.

It also seems obvious that the answer is investment in infrastructure and other projects that require on site workers.
 

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