Job Creators

[GOTV]

It bothers me when people refer to the rich as "Job Creators". To me that sounds like sheer fantasy. In my mind there is only one thing in the world that creates and sustains jobs and that is consumer demand. I don't see how it's possible to take someone seriously (at least in matters of economics) who doesn't get that.

Every job in the private sector, from janitor to CEO, exists for one reason: to meet the needs and wants of people. If there aren't people willing to pay for what you produce you won't have that job for long. Isn't that obvious?

I mean, even if there were no rich people, as long as there are enough people willing to pay for goods and services there will be jobs.

But without consumer demand all the money in the world cannot create a single job. Why would a rich person pay you to produce a product or service that no one, including him or her, wants? They wouldn't. They're rich but they can't create one job. We, in aggregate, are the job creators.

Increasing jobs requires increasing consumer demand. Nothing else will do it.

Doesn't that just make sense?

[summerschild]

1. This rich capitalist says he's NOT a job creator!

http://www.democraticunderground.com/101729161
The Ted talk that is tooo politically incorrect....

He makes the point more clearly than anything I've seen. Hell, even Republicans should be able to understand it.

[sinkingfeeling]

2. The rich aren't 'job creators'. It's a silly myth of the right wing.

[GOTV]

3. It seems so obviously false that I'm surprised it's repeated so often

I think it makes those that spout that line sound like idiots

[Jamaal510]

4. Rich folks know that this is a myth,

but they want to spread it and dupe less affluent voters so they can continue to get pampered.

[Bake]

5. The only job a rich person ever created

Was for a lawn care worker, domestic worker, etc., to do what he didn't want to get his hands dirty with.

And in that case, he was acting as a "consumer."

Bake