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Sorry, Folks, Rich People Actually Don't 'Create The Jobs'
Business Insider ^
| 11/30/2013
| Henry Blodget
Posted on 11/30/2013 11:16:07 AM PST by SeekAndFind
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To: Bullish
The fact is, that rich people buying big-ticket items like jets and yachts, houses and buildings etc. do indeed ‘create jobs’.... Thousands and thousands of them. Exactly... And the converse being that when new taxes were levied on big ticket items, like yachts, a lot of people LOST THEIR JOBS!
Mark
81
posted on
11/30/2013 8:06:39 PM PST
by
MarkL
(Do I really look like a guy with a plan?)
To: MarkL
Has henry blodgett ever considered voluntary committment? What a clueless loon.
82
posted on
11/30/2013 8:46:24 PM PST
by
ogen hal
(First amendment or reeducation camp)
To: SeekAndFind
Another leftwing screed from “Business Insider”....
To: SeekAndFind
Any more from this guy and Business Insider will have to change its name to Business Head-Hider...
84
posted on
12/01/2013 4:03:39 AM PST
by
trebb
(Where in the the hell has my country gone?)
To: SeekAndFind
I've started ignoring anything that is sourced to Business Insider, and find that I'm a much happier person.
85
posted on
12/01/2013 11:50:22 AM PST
by
Arm_Bears
(Refuse; Resist; Rebel; Revolt!)
To: SeekAndFind
Hmm, like a lot of economic “experts”, this gasbag doesn’t say a thing about how much value the dollar has lost via inflation, which is an invisible and far more damaging tax.
Tax rates and wages really don’t matter much when the dollar is being devalued faster than people are making it. I’ve been saying that to every “Tax the rich” and “We need a living wage” gasbag I run into. Three guesses what their reply usually is.
86
posted on
12/02/2013 8:00:10 AM PST
by
RWB Patriot
("My ability is a value that must be purchased and I don't recognize anyone's need as a claim on me.")
To: whitedog57
Actually, they believe government is the root/route of all prosperity.
87
posted on
12/02/2013 8:02:15 AM PST
by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: SeekAndFind
So, if rich people do not create the jobs, what does? A healthy economic ecosystem — one in which most participants (especially the middle class) have plenty of money to spend.
Economic Ecosystem? ROFL.
And, just how does the middle class attain plenty of money to spend if the "rich" aren't the source of that income stream via jobs created from private business growth? Government checks?
Frikkin' moron.
88
posted on
12/02/2013 8:10:09 AM PST
by
TADSLOS
(The Event Horizon has come and gone. Buckle up and hang on.)
To: SeekAndFind
There are no jobs without wealth creation, regardless of the scale. Inequality is an indicator of economic growth. that’s about it.
89
posted on
12/02/2013 8:36:55 AM PST
by
Sam Cree
(absolute reality)
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