I’m sorry. I’m not normally a violent person. But how can you not want to slap the next clown that routinely and without an pinky fingernail-size of evidence continues to characterize the mega-wealthiest amongst us as “Job Creators”?
A bona-fide mega-wealthy rich guy is Nick Hanauer. He’s got millions and millions and says he wants politicians and pundits bent on protecting his millions and millions to cease and desist calling him a Job Creator. He’s had great ideas. He’s taken big risks. He’s made smart business bets. And God bless him for it. But he says,
He says if any jobs were created by his ideas and risks and bets, it’s because there were customers for what he was selling. Without customers, there’s no one to buy your product or service. And if customers don’t have jobs and decent pay to go along with those jobs, they can’t buy what you’re selling.
Customers with a paycheck create jobs. And when customers lose their jobs and their paychecks, giving all the tax breaks and tax credits and tax loopholes in the world to the mega-wealthy won’t create a consumer.
In fact, giving the mega-wealthy more may actually mean you’ve given them some loophole that pays them to create jobs… in China.
(more…)


