Friday, December 16, 2011

Finally, A Rich American Destroys The Fiction That Rich People Create The Jobs

"In the war of rhetoric that has developed in Washington as both sides blame each other for our economic mess, one argument has been repeated so often that many people now regard it as fact:

Rich people create the jobs.

But now a super-rich and super-successful American has explained the most important reason the theory is absurd, while calling for higher taxes on himself and people like him."

Read this article by Henry Blodget from the Daily Ticker to see how he so logically debunks this theory.

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