Tuesday, December 10, 2013

Job Creator Myth

Income inequality is the real problem. The richest folks are so rich that their action hurt rather than help the economics for the rest of us.
Remember: the rich do not create jobs. The goal of a corporation is to create as few jobs as possible. More jobs means more overhead; more overhead means less profit. The only reason for a business to create jobs is if employing more people can generate more business to create more profit. And that can only happen if there are paying customers out there.

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