Business Insider Makes the Outrageous Claim That Rich People Don’t Create Jobs
Our friend Henry Blodget over at Business Insider (not pictured above ) is trying to convince us that rich people do not in fact create jobs. Are you kidding? When was the time a poor person offered you a job? That’s right, never. Because that’s not how it works. Are we officially living in the twilight zone or what?
From the article.
The most important reason the theory that “rich people create jobs” is absurd, argues Nick Hanauer, the founder of online advertising company aQuantive, which Microsoft bought for $6.4 billion, is that rich people do not create jobs, even if they found and build companies that eventually employ thousands of people.