RE: CEOs work harder every hour than their wage slaves do every season.
January 30, 2014 at 7:46 pm
(This post was last modified: January 30, 2014 at 7:48 pm by Isun.)
One of my objections to the initial post is the assumption that CEO's are job creators. They aren't. The job creators are the one's that buy the products or in other words create the demand for products. As long as there is no growth in the poor and the middle class the economy will continue to suffer and never really grow at the level it should.
People tend to confuse the people who hire people with creating jobs. They aren't the same people. As long as we have too much supply (the rich and wealthy who invest). All they do is move the demand from one product to another.
Perfect example that I have heard from a lot of right wingers is how Steve Jobs created jobs. But did he? As a result of higher sales of IPADS etc, the sales of laptops and PC computers went down. IN other words all they did was shift jobs from one product to another. They did not create jobs.
So Please, give me a break with the obvious false claim that they create jobs.
People tend to confuse the people who hire people with creating jobs. They aren't the same people. As long as we have too much supply (the rich and wealthy who invest). All they do is move the demand from one product to another.
Perfect example that I have heard from a lot of right wingers is how Steve Jobs created jobs. But did he? As a result of higher sales of IPADS etc, the sales of laptops and PC computers went down. IN other words all they did was shift jobs from one product to another. They did not create jobs.
So Please, give me a break with the obvious false claim that they create jobs.
