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In reply to the discussion: Bernie Sanders to unveil plan to guarantee every American a job [View all]Caliman73
(11,764 posts)I am not understanding why you responded that way.
There have been record corporate profits, but those profits have not turned into jobs. Jobs only happen when there is demand for products over what a company can create with their existing infrastructure. If I have 10 employees that I pay to produce a certain quantity of product and my demand goes up 5%, the first thing, as a responsible business owner, will be to see if I can increase productivity 5% with my existing workforce. I will look for ways to automate, to increase efficiency, etc... The LAST thing I want to do is just hire another employee and incur another expense to meet a small increase in demand that may go away after a financial season or two.
Profits do not mean jobs. Profits mean more money for the owners of capital and stakeholders.