This is a great article written by a member of the 1%.
This isn’t the best part of the article, but it’s a point I’m really happy to see someone make:
I was not amazed but disgusted when John Boehner and his crew tried to justify the extremity of their position by rebranding the wealthy as “job creators.” While true in a very basic sense, it obscures the fact that jobs are a cost that is voluntarily incurred only as a result of demand. Hiring has no correlation at all to profits or to income - none. Let me keep more of my money without increasing customer demand and I will do just that - keep it.
Amen. The notion that if you cut someone’s taxes they will hire more people is so dumb! You hire more people when demand for your good or service increases.
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enlighteningnews reblogged this from truth-has-a-liberal-bias and added:
Click through to read the rest.
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viciousneutral reblogged this from think4yourself and added:
Wow - bravo to this one. A must read.
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ok. gotta admit, though there...this every day, this is
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btgrages reblogged this from skeeba and added:
really good read.
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loislee reblogged this from traceeface and added:
great read, aside from the fact that words like short-term, long-term, demand, monopolies, trade, and scarcity keep...
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