Quote:
Originally Posted by elphenor
I'm not sure you fully understand the nature of Demand
In order for demand to exist there must both be the want and the means to obtain.
Meaning workers must have money to spend prior to jobs being created.
It is spending itsrlf that then creates jobs, it is spending that is the "engine" behind the economy. It is workers that do the work of circulating money thus driving the economy
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The "means to obtain" wasn't always money though. For a long time goods were simply exchanged for other goods (barter and similar systems). But creating an "economy" was still possible for innovators if they, for instance, started farming more of a specific vegetable, rice, etc. or managing a local water source and then scaling out the infrastructure of delivery.
Therefore, spending facilitates continued job creation and growth, but initial job creation didn't require it.
Anyway, we're way off in the weeds. We need to be talking about Donald Trump and his magnificence!