(December 4, 2010 at 9:53 am)Isun Wrote: The idea that the rich actually "create" jobs is ludicrous. How do employees get paid? By people spending money. That's right, spending.Yes...spending money, on products that are made by companies, which are owned by the rich. The profit goes to the rich, who reinvest it back into the company, so that the company can expand, and create more jobs for people, so that more products can be made, so that more money can be spent on the products, so that more profit can be made...etc etc.
Which basic economics lesson did you miss out on?
