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Yehuda “YJ” Draiman - Candidate for Mayor of Los Angeles 2013 YJ Draiman is the lead elected official for the Northridge East Neighborhood Council – NENC, he is also the liaison between the NENC and LADWP. As an Energy Efficiency Advocate YJ Draiman is known for his advancement in implementing... More
My company:
Energy Savers 2
My blog:
YJ Draiman for Mayor of Los Angeles
My book:
American Energy Independence
  • What Creates The Jobs And Boosts The Economy - YJ Draiman 0 comments
    Nov 2, 2012 5:51 PM

    What creates the jobs and boosts the economy, Economists astutely observes, is a healthy economic ecosystem surrounding the company, which starts with the company's customers.

    The company's customers buy the company's products which in turn, creates the need for the employees to produce, sell, and service those products. If those customers go broke, the demand for the company's products will collapse. And the jobs will disappear, regardless of what the entrepreneur does.

    Now, of course entrepreneurs are an important part of the company-creation process. And so are investors, who risk capital in the hope of earning returns. But, ultimately, whether a new company continues growing and creates self-sustaining jobs is a function of customers' ability and willingness to pay for the company's products, not the entrepreneur or the investor capital. Suggesting that "rich entrepreneurs and investors" create the jobs, therefore, Economists observe, is like suggesting that mouse create evolution.

    It is imperative that we stop outsourcing products and services to foreign countries. We must rebuild American industry. This will create jobs, increase economic prosperity and boost tax revenues for the government.

    The motto should be "Made in the USA"

    YJ Draiman

    http://economicsustainability.net/

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