THE MYTH OF JOB CREATORS
by Jack Reeves
Mom and pop businesses, including major corporations, are not job creators. It could be called a myth: an unproved or false collective belief used to justify a social interest. Befitting today, the popular pontification is a scam for political purposes.
Imagine that you own a business, say, a souvenir shop. It could just as well be Sears or Home Depot.
All businesses in capitalist societies create income by offering goods or services. The number of employees (jobs) directly corresponds to sales. Sales depends on demand; demand depends on customer need and sufficient income, and the willingness to expend it, to purchase goods or services.
Consequently, businesses--regardless of their capital--do not "create jobs" unless there is demand for their offerings.
Conclusion: Consumers do.
The cynical, politically motivate deception of job-creators being businesses is not only a lie but a "damn lie" (Mark Twain).
Consumers are the job creators. Think about it, please.