The Rich Don’t Create Jobs, Customers Do


Here are some quotes from the article on truthout.org.

If I had extra money I wouldn’t just hire people to sit around and read the paper. And if I had more customers than I could handle that — the revenue generated by meeting the additional demand from the extra customers — is what would pay for employing more people to meet the demand.

If you ask around you will find that every business tries to employ the right number of people to meet the demand. Any business owner or manager will tell you that they hire based on need, not on how much they have in the bank.

This makes a nice complement to my previous post Higher Marginal Tax Rates Spur Economic Growth.

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