These idiots think that the purpose of a company is to create jobs, or better yet, good paying jobs.
It is incredible that these “think thank geniuses” can’t fathom the following simple facts:
1. No one starts a business because they want to create jobs, good paying or otherwise. The only reason an entrepreneur starts a business is to make money, i.e. a profit.
2. The only reason a business will hire someone is if that someone helps him make MORE money.
3. If the business becomes very profitable other entrepreneurs will notice and they will start similar businesses, possibly creating more jobs, and also reduce prices for the consumer via competition.
4. Wages for the employees will go up if there’s a scarcity of people willing to and capable of doing that work. That will only happen if society provides a business climate that encourages entrepreneurs to start new business (hence new employment), which means a climate that regards profits as a good thing rather than demonizing them.
5. Creating more labor regulations and setting labor costs will only hurt the people that these “do-gooders” are supposedly trying to help. And they want to go beyond that - they also want to tell the company how to run its business, basically take over the business. If this isn’t stealth marxism, I don’t know what is.
It is still amazing to me that the obvious seems to elude the commies