Being rich is not the same thing as creating jobs. In a sense, it's the opposite: Every full-time equivalent's worth of income brought in is a full-time equivalent's worth of money that someone else didn't make instead. In a way, wealth is better thought-of as a measure of how many jobs the owner of a company could have created, but didn't.
I'm not sure what you said you be any less true. You seem to have no understanding of how a modern economy works, or how the banking system works, or what a salary represents, or what wealth is, or what the determinates of unemployment are, or what it means for a job to be "created", or, hell, even what a "job" is. There are so many flaws here, it's hard to even figure out where to start.
You will be unable to find a single economist, economics textbook, or economic model which agrees with your premise.
If he's so anxious about it, why doesn't he just write a check out to the Treasury? Nobody is stopping him from giving more of his money to the government.
[+] [-] jhnewhall|14 years ago|reply
[+] [-] sarvinc|14 years ago|reply
[+] [-] GiraffeNecktie|14 years ago|reply
[+] [-] sigzero|14 years ago|reply
[+] [-] tyisathome|14 years ago|reply
[+] [-] bunderbunder|14 years ago|reply
Being rich is not the same thing as creating jobs. In a sense, it's the opposite: Every full-time equivalent's worth of income brought in is a full-time equivalent's worth of money that someone else didn't make instead. In a way, wealth is better thought-of as a measure of how many jobs the owner of a company could have created, but didn't.
[+] [-] simplefish|14 years ago|reply
You will be unable to find a single economist, economics textbook, or economic model which agrees with your premise.
[+] [-] kevin_morrill|14 years ago|reply
1500 Pennsylvania Avenue, NW Washington, D.C. 20220
[+] [-] brettbender|14 years ago|reply
[+] [-] emilv|14 years ago|reply
[+] [-] rsanchez1|14 years ago|reply