Monday, October 10, 2011

QOD - More Proof Conservatives Are Bad At Economics

Rich people don't create jobs when we hand them big windfalls. They create jobs when the economy is growing and they have customers for their businesses.

"Rich People Create Jobs! And five other myths that must die for our economy to live"
Kevin Drum - Mother Jones

The idea that corporations hire people just because they have some spare cash lying around is ludicrous - and common. Personally, I would never hire anyone for whom I didn't have work for, i.e. demand to be filled.

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