Quote Originally Posted by KrayZ33 View Post
thats one outcome

another (positive) one would be:

increased propensity to consume -> increase in sales -> more investions to satisfy demand -> more jobs
Although you're right Animeniax's is just one outcome, your rosy picture is probably unlikely.

If GDP = C + I + G (+Net Exports), increasing the number of McDonalds jobs by taking money away from Corporate profits increases C while proportionately decreasing I. Money isn't going towards job that produce innovation or improvement, its being siphoned from just that (I) into the act of producing more of the same quality shitty food (C).

So although there's more production an people have jobs, the rate of economic improvement will decline and the standard of living will remain the same / improve at an even slower pace. It all basically boils down to fast food employees having worthless skills and not contributing anything of much importance.

It's not entirely their fault, the education system should be better to encourage people and produce more productive occupations. At the same time, people are too stupid to vote in a government that actually serves their interests, so I guess the fault again does rest on the people.