Job Creators My Ass...

The Wealthy don't create jobs. Supply and Demand does.

Facts:

1. Wealthy people are not inherently wealthy; they do not create wealth.  Money is given to them in exchange for goods and services.

2. A business will not hire additional Labor, unless Demand expands and more Labor is required to match the output necessary to supply the increase in Demand.

3. Prior to approaching the scarcity of raw goods, Supply is able to rise quicker than Demand due to the Economy of Scale, thus minimizing the role of inflation.

4. Tax reduction does not raise simple Demand, since businesses will not hire additional Labor without an increase in Demand.

5. Shifting the tax burden downwards towards the lower classes lowers simple Demand.

6. Lowered Demand causes a relative over-production of Supply.

7. Over-production of Supply requires a correction in Supply, often requiring decrease in Labor.


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Liam '12

Freedom Just For Me