The Republican Party has long been promoting the myth
that the wealthy and big businesses are “job creators”. Yes, they do hire people when they need to
manufacture something but they don’t create the demand for it.
I have a friend who owns a small business and I asked him
“If I gave you $50,000.00 would you hire another service person?” He said “Of course not, I wouldn’t need one.” Then I asked him “If you had an additional
$300,000.00 in sales, would you hire a new service person?” His response was “With that amount of
additional business, I would need one.”
My friend would
not hire anyone if he had additional money.
If he had additional sales, he would be compelled
to. In this case, my friend’s customers created
a job by purchasing more of his products.
This is what I call “The
Universal Rule of Job Creation”.
If someone buys an appliance, car, truck, boat, box of
cereal, or any other product you choose, some company somewhere will have to
produce more of these things to replace what we purchased.
When we buy more stuff, factory
production has to increase to keep up with demand. A perfect example of this is the U.S. auto
industry. When sales were down, they
were laying off. We are now buying more
cars and they are hiring.
Enough of this “job creators are the wealthy”
malarkey! We are all job creators every
time we
buy something. And on the way, us job
creators have enriched those wealthy corporations who have produced all the
products we purchase.
I believe it was Paul Wellstone who said “If
everyone is working, then everything is working."
Our system is truly “demand and supply”
AND THAT'S NO BULL.
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