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Moreno travels to Europe to promote investment

President Lenin Moreno arrived in Italy Monday on the first leg of a three-nation European visit to promote investment in Ecuador.

Moreno arrived in Rome on Monday afternoon.

On Tuesday, he meets with Italian President Sergio Mattarella while meetings are scheduled for Wednesday and Thursday with French President Emmanuel Macron and Dutch Prime Minister Mark Rutt. Moreno is also scheduled to meet with business organizations and the European Union Organization for Economic Cooperation and Development.

Although Ecuador has offered incentives for foreign investors, the country’s trade ministry says that the results so far have been disappointing. While foreign investment increased to $1.4 billion in 2018 over $619 in 2017, it has fallen to less than $200 million in the first quarter of 2019. Before leaving Quito, Moreno said further steps are needed to attract foreign money. “We have made a start but need further advancements to create a better investment climate in Ecuador,” he said.

The National Assembly is schedule to debate revisions to the country’s labor laws by the end of the year and a special commission is looking into ways to reduce regulation that business leaders say discourage investment. Moreno said that the changes will make investing in Ecuador more attractive.

According to a recent report by the World Bank, inflexible labor laws and red tape are major factors in discouraging investment in Ecuador. The report said that complying with the countries business rules and regulations requires 664 hours a year in Ecuador compared to 330 in other Latin American countries.

58 thoughts on “Moreno travels to Europe to promote investment

  1. Not only inflexible labor laws and red tape, but investors also want to be sure that policies won’t change. Suppose you build a food factory for the South American market in Ecuador and the Ecuadorians elect a new president that wants to close the borders….

    1. What you are describing is political risk. Aside from any security guarantee, there’s little Moreno or any administration can offer to mitigate. That’s because Ecuador’s reputation and flimsy institutions are precedent.

      1. Ecuador will always be a screwed up third world country. All the politicians are only interested in how much money they can steal. The idiots are constantly changing laws where no one knows what will happen next. I never lived in any other place where i have seen so businesses close down.

        1. 12 years of solid economic growth (until last year once Moreno’s economic policy kicked in) would seem to contradict your own personal observations.

    2. Lot of that going around. UK, US
      And it is getting harder and harder to find people and countries that are willing to be exploited at a low cost. Time to reach for the stars!

  2. Lets remember all those part time cooks and cleaners that lost their jobs because the red tape to hire a cook or cleaner, once a week, is far too challenging, risky in the courts and time consuming to do the paperwork so most are saying we will not bother hiring them. The courts that are pro cook/cleaner and anti employer makes it far too risky to entertain the possibility of hiring part time and temporary help. Now lots of these people are out of work.

    1. In the wake of the law that required employers to pay the minimum wage and social security taxes on the people they hire (actually that law already existed, it just wasn’t enforced for domestic workers), a lot of small businesses sprung up offering those same services. Most of those businesses were cooperatives formed by the very same people who were relegated to occasional and inconsistent work and no worker protections. Of course those companies pay their taxes and the workers receive social security benefits which means they have to charge the market price for those services. The fact that so many people are unwilling or unable to pay a proper fee for those services indicates that the market has determined that they aren’t entitled to them.

      1. I think you misunderstood my comment. I make no mention of the rate of pay. That is not the concern I am hearing other than EVERYBODY (in the world not just Ecuador) wants to make a higher wage. Most wages are what the market bears.

        To say “unable to pay a proper fee indicates that the market has determined that they aren’t entitled to them” doesn’t make sense because if someone can not afford to pay a specific rate has absolutely no bearing of whether they feel someone is entitled to it or not.

        The main issue is the red tape and the bureaucratic paperwork that the employer has to go through to have someone come in a cook-clean on a temporary basis or once a week.

        When you ask the part time or temporary cooks-cleaners they are not interested in registering the employment with the government and more interested in feeding their families TODAY. Many many have lost their jobs because of the bureaucratic red tape.

        As for those companies that were created only means that the company gets a cut of the pay and how does that help the workers.

        1. I didn’t misunderstand. The labor reform you refer to not only requires that domestic workers receive the same minimum wage that everyone else makes (before Correa they were exempted, with average live-in domestic workers making $98 per month working 6-day weeks), it also required that they receive a full day’s salary for their work like everyone else, not simply 1-2 hours pro-rated on a single day of the 15-day quincena.

          As for being unable to pay indicating that the market has determined you don’t deserve a service, that’s the very foundation of capitalism. If you don’t have enough money to pay for something, you aren’t entitled to it.

          As for the red tape, as I indicated, there are myriad small businesses out there where you can have a cook or cleaner come to your house once a week, twice a week, whatever, and you only pay for the service you need. Those companies take care of all the red tape and are responsible for paying wages, taxes, social security, etc.

          When you ask the part time or temporary cooks-cleaners who are working for these companies, they will tell you that they are glad to finally be earning a living wage and receiving social security benefits so that they can not only feed their families, they can take them to see a doctor when they’re sick, get a home loan and all the other benefits that come with formal employment. Of course, you weren’t aware these companies existed so you haven’t talked to any of them to gauge their opinions.

          And for the record, the vast majority of the companies that were created are cooperative created by the workers themselves. “The company” getting the cut is same as the people doing the work. I would suggest you look into the ones providing these services in your area and support those small businesses. Alternatively, you can take one day out of your schedule and clean your own house the same way the people you used to hire had to do.

          1. Weeelll aren’t you being overbearing and iron-fisted like a dictator telling people
            ….. “you can take one day out of your schedule and clean your own house the same way the people you used to hire had to do”…
            I thought you of all people would advocate hiring and giving the workers an opportunity to earn some money. You seem to waffle back and forth depending on your mood.

            1. I clearly stated:

              I would suggest you look into the ones providing these services in your area and support those small businesses.

              If you’re going to pretend to be upset in an attempt to change the subject, at least pretend to be upset about something people can’t simply scroll up and see isn’t true.

              1. I will hire who I want to, when I want to and where I want to and fail to see why overbearing controlling people need to control my decisions.

                1. Just admit you lied. It will make you feel so liberated.

                  Now I get it. I said I suggest you hire these companies but you heard it as me ordering you to do so. Esmeralda, when someone gives you a suggestion they aren’t controlling you. They’re just making you aware of an option you may not have been aware of, you know, offering a solution to what you stated was a problem. When you hear every suggestion as an order, it’s called delusions of persecution. There’s no need to go through life suffering from things that aren’t there. I suggest you have it checked out.

  3. This visit doesn’t seem to be a big deal for the Italians.
    No mention thus far in any of the major Italian papers-
    a search online shows a couple of Spanish language
    news articles, but only one in Italian from ‘agencia nova’
    -good luck with those inversiones.

  4. Let’s not forget the onerous cost of terminating an employee, even if your business is financially unable to the keep them, or worse, they were stealing from you, or not showing up for work, or not doing a good job.

    1. All one has to do is document any instances of stealing, tardiness, absenteeism, etc., and provide written notice to the employee that they must to indicate that they have been put on notice. All serious businesses do that religiously. It’s laborious, like running any business usually is, but when you have it all documented you’ll have no problem going to the Labor Ministry and firing that employee without having to pay severance costs.

      Unfortunately, most business owners are too busy/tired/unorganized/lazy to carry out these mundane tasks. That’s why industrial engineers are in so much demand around the country and why it’s a requirement for any company seeking to become a corporation with more than two shareholders. Yes, there are literally thousands of young university graduates out there trained specifically in this mundane task. A human resources manager familiar with labor laws is invaluable to any business (and required for any business with 50 employees or more). If your business is too small to need one full time, there are professionals out there who offer these services on a freelance basis to multiple businesses. They can also handle your payroll, social security stuff and all the other mundane tasks that most business owners don’t have any expertise in. A friend of mine does it for 8 different small businesses because it’s something she can do from home since having kids.

      These things are pretty standard in most developed countries. I’m often saddened by expats who complain about the “third world” labor laws in Ecuador when the real problem is they want to run their businesses using a third-world businessman’s mentality. Yes, running a company is a lot of work and compliance is a big part of that job anywhere … well, except in third-world dumps most expats would rather not live in. I wonder how many of you knew Ecuador back in the day when having a few shekels in retirement income was enough to live like a king with multiple servants you paid in (very little) cash. I wonder how many of you would have thought that Ecuador was a desirable place to retire. Places like that still exist. Heck, Colombia is right next door (bring a bullet-proof vest), but the first time I was living in Ecuador back in the day, I ended up taking a position in Nicaragua because it was literally a more attractive place to live at the time. Imagine how bad things must have been when Nicaragua was the better option.

  5. I often wondered why Ecuador and other SA country’s don’t teach themselves how to mine their own minerals and drill their own oil? They call in other country’s and get paid a small fraction of value of what is removed.

  6. Aristotle said that virtue is the mid-point between two extremes. The US goes too far in protecting employers’ rights and not standing up for employees. Leftist regimes do the opposite. On the one hand, only the rich get richer. On the other hand, no one gets richer except corrupt politicians.

    1. Do you have any idea how many small business employers work hours and hours without getting paid and then finally business becomes successful and someone comes along and wants a piece of it or DEMANDS the employer share the profits.

      1. The profit-sharing law (which Moreno already abolished) was for corporations with more than 50 employees. It required the company to pay 15% of the profits paid to shareholders to the workers. It never affected small businesses or single proprietor businesses, only those who sold shares to investors. Similar laws exist in most of the most developed countries on Earth.

        When employees have an incentive to ensure the success of a company, they have a vested interest in protecting that businesses profits. The only people who had a problem with the law were the idle money class seeking to squeeze a few more percent profit out of their investments.

        1. No sir, similar laws REQUIRING such a payout do not exist in “most of the developed countries” on Earth. In fact, it would be illegal in most to mandate profit distribution of private companies through the law. That is why many offer company shares at discounted prices to employees which has another significant advantage: it makes them co-owners, too, and arguably, a better way to keep them interested in protecting profits by being owners AND receiving dividend payments. Last but not least, as a portfolio investor I proudly qualify for your “idle money class”, not even Correa´s government had a problem with those.

          1. Offering shares at a discount has the same effect. You seem to justify everything with word games, almost like an attorney for the mafia. I guess that’s to be expected from someone who doesn’t actually produce anything while reaping the benefits of the labor of others. Gotta figure out a way to sleep at night.

            And seriously, dividend payments? On what planet are non-preferred shareholders like employees paid anything other than a symbolic dividend? All you produce are word games.

            1. …see, you are getting personal again. You are mostly spreading half-truths and alternative facts and when challenged, attack people personally. What do YOU know about the work that I have done up to semi-retirement? Absolutely nothing but yet you get very low personally. You claimed that mandatory payouts exist in most developed countries which is not true. Apart from that: if deposit rates in many developed countries hover around 1 percent, a dividend yield of 3-4% is not “symbolic”. Furthermore, to allege that offering shares has the same effect is surprising for someone who seems to have some sort of economic background: it does not affect the cash position of a company the same way payouts do, this is precisely why it is becoming more popular for companies to offer shares instead of dividends.
              And thank you for worrying about my sleep habits. I´ll keep calling you out when I have the time, it´s fun even if, absent sensible arguments, you keep insulting me.

  7. President Moreno has returned Ecuador to neoliberal economic policies: begging for loans from the IMF and World Bank; making budget cuts; laying off government workers; and privatizing government assets. Economic growth in Ecuador under Moreno’s return to neoliberalism: zero.

    1. How quickly people forget that it was Correa who began talks with the IMF before he left office, made budget cuts and laid off thousands of government contract workers. Moreno has simply continued his work, neoliberal or otherwise.

      1. Correa did not “begin talks” with the IMF. The IMF offered a line of credit in 2014 which Correa flatly turned down. He also did not lay off thousands of government contract workers, he took people who had been on “temporary” contracts for years in various public sectors (teachers, doctors, nurses, etc.) and made them regular full-time workers with full benefits and pensions.

        The assertion that Moreno is continuing Correa’s work is laughable. Moreno’s policies have been a 180 degree turn from Correa’s, a veritable wish list of the interest groups that lost that election.

        1. Which interest groups in particular are you refering to? 48% of all Ecuadorians “lost” the election.

          1. The Chamber of Commerce, who’s president is now the Finance Minister, the banks whose profits have DOUBLED in the past year despite the economy being stalled, the largest 100 companies in the country who had $4.5 billion in unpaid back taxes waived by executive order, the idle money class who are paying half as much in taxes as they did in 2017, the IMF who has been shut out of Ecuador for over a decade and has now loaned $4 billion more in 2 years than Correa borrowed in 10 … the list goes on. Moreno has been doing exactly the opposite of what he ran on and exactly the opposite of what the majority voted for.

            1. Why are you talking about the IMF as if it were a third party (“…has been shut out off…”) ? Ecuador is a member with the same rights and obligations as any other. Nobody forced it to become one or to ask for assistance. – Your post contains a number of inaccuracies and factual errors, just for one of them: I am part of the “idle money class” in this country. My taxes in 2017 were exactly the same as they were in 2018 and any other year since coming to Ecuador a few years ago. What is of investigative interest to me – please give your source for the claim of back taxes waived (which exec order are you refering to, who published the 4.5 b figure).

                1. The article (nor does any other) you link does not mention any BACK taxes waived nor does it give a figure of 4.5 b. So, again, please back up your claim with something substantial! And let me assure you may days are filled just enough to make me lead a happy live.

                  1. There’s nothing more tedious than having to search for news articles from a year ago, especially when that news was the main topic of discussion for weeks.When the Ley de Fomento Productivo was first implemented, it didn’t specify the amount. It was only after that we learned it was $4.5 billion (even Odebrecht got $4.5 million in taxes waived). Ironically, that was the same amount Moreno asked the IMF for in the first loan. Talk about transferring wealth. The taxpayers now get to spend years paying off the unpaid taxes of the 100 richest businesses and individuals in the country.


                    1. I do thank you for the effort. I read the law when it came out (unfortunately, I have to spend part of my idle time reading that stuff) but could find nothing supporting the claim you are making, that´s why I was asking for your source. I have asked congresswoman Arias to provide the provision in the law and how she calculated the figure she is circulating. Let´s see what she comes up with.

                    2. If you had been reading the news at the time, you would have seen the figure published by many sources. Maybe do a Google search instead of expecting a reply from a legislator. Perhaps you didn’t know, but they’re kind of in chaos right now what with all the lawfare going on.

                    3. Well, she has not answered and she probably never will. This case is a prime example of news being made up and distorted for political gain. I admit that I played a little game here with you because I knew the outcome, this is why I asked you to provide your sources. After “tedious” research you came up with 2 articles, one of which did not at all mention 4.5 b $ waived and the other was an interview with an ex AP legislator opposed to the bill. No paper with a reputation to lose published that figure as a fact, simply because it is not. There is a distinct difference between what is owed by big companies and what is supposedly waived (sure, another game of words here). If the SRI feels that it is on safe legal ground to collect what it is owed, it has every right to go ahead (and has done so in the past, remember Noboa). If it has not done so, it´s because those taxes have been contested and are making their way through the courts.

                      By the way, one of the biggest (if not THE biggest) debtor is Andes Petroleum, 100% Chinese, which owes around a billion dollars in back taxes alone which is a little less than half of what is owed (contested) by all others combined.

                      Be that as it may: the law itself does not WAIVE a single dime in back taxes and explicitely states that it will not. It was actually meant to speed up paying by offering companies (off all sizes) incentives to not pursue lengthy court battles and provide the government with much needed cash. You may argue that this type of amnesty is not the way it should be and I would agree, especially if it is used for the third time in a few years – you surely remember that Correa offered the same incentives twice during his reign throwing every ideological scruples out the window and I do not remember ANYBODY complain. That way, companies and citizens (the law applies not only to companies but to the ordinary taxpayer as well) will simply get used to it and wait for the next to come. Now, all this aside: the amnesty for the big fish ended last December, so the numbers have been in for a long time. A few days before it expired, the taxman had collected 728 m based on the provisions of the law, of which 99.5% WERE PAID BY SMALL AND MEDIUM-SIZED ENTERPRISES. The interview with the assemblywoman you linked is dated April 18, 2019. You tell me why she would repeat that figure of 4+ b waived four months after the offer ended and the real numbers were there for all to see. I am tempted to grant you the distinction of spin doctor (that would be a real word game but I´m sure you wouldnt´t take it badly given your great sense of humor) but I´ll give you the benefit of the doubt since your sources unfortunately did not paint the real picture but then, common sense would have told you that waiving off 4 b $ was never going to happen.

                    4. A sitting legislator didn’t take the time to answer your email so I guess that settles it. Clearly she has something to hide. Had she taken the time to help you continue your nonsense line of debate, she probably would have told you that her source for the figure was the SRI itself, since that’s the figure they reported being owed in September of 2017.They also reported that $2.3 billion of it (that’s over half) was owed by the 215 largest companies in the country, not small and medium-sized businesses as you claim (without citation).


                      And for the record, the largest debtor is OCP Ecuador, a CONSORTIUM that includes Andes Petroleum (Ecuadorian), Sinopec (Chinese), Repsol (Spanish) and Amodaimi (Spanish/Chinese), so your 100% Chinese figure is as unsupported as the rest of the figures you claim.

                      As for an Ecuadorian paper with a reputation to lose, it’s pretty clear most Ecuadorian news outlets gave up on the integrity approach a long time ago. Now they’re just political actors more concerned with protecting their owners other business interests. But hey, I understand your need to run flack for tax evaders since every dollar they don’t pay in taxes is another dollar towards your dividends.

                    5. It´s getting comical, really. On July 10, you wrote: “…the largest 100 companies in the country who had $4.5 billion in unpaid back taxes waived by executive order.” which turned out to be a blatant lie.

                      It appears you do not understand what you are reading (revistarupturas). There is no executive order or law waiving any back taxes, see LEY ORGANICA PARA EL FOMENTO PRODUCTIVO, ATRACCION DE INVERSIONES, GENERACION DE EMPLEO, Y ESTABILIDAD Y EQUILIBRIO FISCAL, capitulo 1, seccion primera). The discussion ends right there.

                      I did not write anywhere that SMEs OWED 2.3 b $. I did write that 99.5% of payments made (total of 728m up to December 20) under the above-mentioned law were by SMEs as published by the SRI itself: “El Servicio de Rentas Internas (SRI) informó este jueves 20 de diciembre del
                      2018, que se gestionaron USD 718,37 millones por remisión tributaria… Según la entidad, el 99,5% corresponde a valores de micro, pequeñas y
                      medianos contribuyentes.” [as cited in El Comercio, 20/12/2018].

                      As for the press and its reputation: on July 15 you posted that the claim that 4.5 b dollars in back taxes would be waived “…was literally in ALL of the papers” yet you have not produced a single shred of evidence of this. It should not be “tedious” at all to back up your claim if it is as you said. Why didn´t the papers report this “fact”? Because it would have been a lie.

                      Andes Petroleum Ecuador is a 100% Chinese enterprise as per the information on its own website. Its only shareholders are CNPC and SINOPEC.

                    6. Like you, Karl, I no longer accept any numbers you claim without citing a source. I also didn’t get past the first line of your post because you’re becoming tedious in your attempts to dazzle with BS.

    2. There seems to be a very common misconception, especially in Latin America, about what is neoliberalism. What Moreno´s government is doing has nothing to do with neoliberalism.

      1. Except that his policies are following Chicago School guidelines to the letter. Other than that, nothing to do with neoliberalism.

        1. Never understand why people get personal in their posts. You have never met me yet feel free to judge what I know or don´t know. So, which policies (be specific here) are neoliberal?

          1. What’s personal about pointing out that Moreno’s policies are following the Chicago School (neoliberal) recipe to the letter?

            1. …just answer the question, please. Which policies are neoliberal? I have asked a number of people who make that claim and the most substantial answer I got so far was that the government raised the price of gasoline. I am sure you can do better than that.

              1. Seriously, Karl? You really want to play daft? You don’t know that privatization, removing subsidies, fiscal austerity at the cost of social programs and slashing top income tax rates are fundamentals of neoliberal economics?

                1. Yes sir, seriously. Your answer shows where the problem lies. Measures which are common sense are painted as “neoliberal”. So the great majority of countries have all been pursuing neoliberal economics over the past 20, 30 years? Before Deutsche Telekom was privatized (and the markets deregulated), we paid 5 Marks a minute for a call to the US, we now pay cents (not to mention Skype). Nobody in his right mind would argue that this was a neoliberal measure. Privatizing CNT is? You´ve got to be kidding. The prices for prepaid mobile calls here have actually RISEN over the years, I remember paying 13 cents a minute, it´s now almost double that. And slashing top income tax rates? I have not seen that in any of the textbooks of neoliberalism but I am always learning, you convince me. I had an average income at my first job in Germany, yet more than 50 percent of that first salary after graduating went straight to the ministry of finance and social security. The top rate in Germany applies already to a comparatively low salary but not in my dreams would I consider a lowering of that rate as “neoliberal”.

                  You know the performance of public companies in Ecuador and the burden subsidies in general place on the public – after all, they are one (of many) reasons why the country is indebted to the tune of 56 b dollars. Don´t get me wrong – there are still a lot of poor people in this country but it makes me wonder what is going on when I see “poor” farmers arrive in 4x4s and holding 800 dollar iphones in their hands at the meetings of the junta de agua de riego who all pay a dollar a month for health insurance and are not even afraid of saying so. Subsidies are paid by all and benefit only a minority, but honestly, given on what both of us stand for, there is no point in continuing this, there is no common ground to speak of, really, but that´s ok with me.

                  1. I suppose to the idle money class neoliberal orthodoxy is considered “common sense”. That makes sense since the only metric neoliberal economists care about is return on investments of idle money.

                    But of course someone as schooled as you is familiar with the principles of neoliberal economics, you’re just trying to play word games. Tedious.

                    BTW, if you’re paying $0.26 per minute for mobile calls, you might try switching to CNT. Rates haven’t risen, as you claim. It speaks volumes when you have to base your thesis on such a blatant falsehood. You’re right, we have no common ground. I base my arguments on reality.

                    1. Arcotel has all the numbers, within a few seconds I found the 13 cents a minute I paid years ago. The internet does not forget, Faulkner does. Your reality is very different from mine indeed, I´m just not sure what you are trying to gain from all this.

                    2. I paid $0.99 per minute years ago … in the US to a private carrier. So what? We’re talking about now.

                      You claimed:

                      Prices for prepaid mobile have actually RISEN (your capitallization) over the years..


                      You remember paying 13 cents a minutes and now it’s double that.


                      We can do this all month, it won’t change the fact that you make things up to suit your ideology. CNT generates 1% of Ecuador’s GDP, is growing at 5% per year, covers rural areas the private carriers are not interested in (because there’s no profit in it) and offers the same rates as the private carriers. In fact, they set the benchmark that the private carriers have to keep up with. Once they’re in private hands, the three private carriers will do just like they did in Mexico and raise their rates together, making Mexico one of the most expensive countries for mobile service.

                      Now make up something else and get the last word. This conversation is boring me.

                    3. “Everyone is entitled to his own opinion, but not to his own facts.” (Patrick Moynihan):

                      Again, for a guy with a PhD you are doing lousy research. Arcotel keeps a good track record of the prices of all mobile operators in Ecuador and that information is publicly available on the Arcotel website in several huge excel files. If you had cared to look it up, you would have seen that prices per minute for prepaid mobile connections (mine has been Claro/its predecessor for about 15 years or so, I have maintained my original number from the beginning) have been rising steadily since 2010/2011 up to now.

                      Now, with regards to Mexico, I do not know a thing about rates there but a quick google search produced this: “Cellular call charges have been steadily dropping, and today Mexico is one of the least expensive places in the world to own and use a mobile telephone.” [source:
                      I have no way of knowing if this is true since I only passed through Mexico once 3 years ago without making calls there but it is striking that it states just the opposite of what you were saying but I guess you will not have read to this point, so, alas, the argument is lost. But fun, as always with you.

                    4. The Arcotel site publishes the standard rates reported to them by the carriers, rates that nobody pays because at any given moment they are doubling or even tripling your minutes, providing bonuses, free nights and weekends, etc. It’s akin to the published rates for services published by hospitals. They’re a ceiling, not something anybody actually pays. If you use prepaid mobile, you’re very aware of that fact so I find your insistence on continuing this line of argument disingenuous. If you were unaware, I only hope you pay someone to manage your idle wealth for you lest you and it soon be parted.

                      If you search long enough on Google, you’ll find a quote somewhere that says pretty much anything (even that the world is flat), but least you finally cited something. Now if you could only learn how to cite data instead of editorials. Maybe you can writes AMLO and ask him personally about the rates in Mexico. Surely the president of Mexico has time for someone as important as you. I only lived there for 17 years, so his assertions trump mine by several decades. If he doesn’t reply, I guess that simply means he has something to hide.

                      For the record, I don’t have a PhD. I’m a real doctor, the kind people mean when they ask if there’s a doctor onboard the aircraft. However, I did work as a researcher for a time and found it to be almost as tedious as conversing with you. At least I got paid for it.

    3. The job of the government is not to create jobs, it is to create an ATMOSPHERE for businesses to create employment. When governments creates jobs it is the people that have to pay the wages via taxes & income governments collect however if the government encourages businesses to open up it is a win win…there are jobs and the government doesn’t have to pay the wages

      1. Creating the atmosphere requires that government provide certain essential services, most of which require they hire people to do them. When the wait time to see a specialist is 5 months and the government’s response is to lay off 12,000 healthcare workers including hundreds of those same specialists, they are destroying jobs and destroying the atmosphere for businesses to hire people. Private industry isn’t going to hire people to provide healthcare to the poor, to police the streets, run the courts or any of the other myriad tasks required for companies to have an atmosphere to do business.

        And for the record, businesses do not create jobs. The only thing that creates jobs is consumer demand. Businesses do not hire people just because they have extra money in the bank. They hire people because their products or services are in demand and they need more people to meet the need.

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