The purpose of Bain capital was not to create jobs
You have a fundamental lack of understanding of business.
Probably much like Obama...whose default mode is that
business is bad...out to get everybody.
Of course you and Obama love all the great products
that make your life splendid that business produces.
My job as a business owner is not to create jobs,
but whats great about the equation is jobs are a bi-product
in my quest to have a successful business.
It's a win/win/win/win.
I have to hire people to handle increased business.
those employees get good jobs, great benefits, great office atmosphere.
the gvt gets taxes from me and taxes from the more employees I hire,
and the customer gets great service or they will go somewhere else.
so there is at least 4 "winners"
#1. The customer
#2. The employee
#3. The gvt
#4. Me
If there were no Staples, there would simply be more Office Depots and Office Maxes.
Not really.
Cutting edge business' create new opportunities, new niches.
My business is doing things no one else was doing here.
So we have grown and added more and more employees.
Under your theory a country does not really prosper
because new business' are created because as you
say "they would just be offered by somebody else".
That's silly. Why then do countries with high standards
of living have a robust free market where business
is encouraged and innovation happens. Silly to think
well we'd be just as well off if Apple, Dell, Microsoft,
Southwest Airlines, IBM, and all the great companies
were never created. Yeah we'd look like North Korea
and Cuba!
Here is a little secret: "increasing productivity" is another way of saying "get more work out of your employees for the same money".
And whats wrong with that?
How much do you think your grocery bill would be if they had ten extra unproductive people standing around?
Again...demonize/bite the hand that feeds because of a
fundamental lack of understanding of business.
Only in the liberal mind would "Increasing Productivity"be something undesirable.
I-Phones/Smart Phones have made my employees much more productive.
Is that a bad thing?
Sure Apple wins....but so do I, my customers, and my employees.
Medical innovations for profit have greatly improved productivity in the care of patients.
Is that a bad thing?
When people are greatly rewarded for innovation you get lots of it,
when they are not greatly rewarded for innovation you get less of it.