If rich people have more money to use to hire people or make new and innovative products, how does that not make jobs? as new products and new stores that they own would lure more people to the stores creating more jobs? This guy dosn't know squat on this subject.fnevaeva
The guy you're referring to is a billionaire industrialist.
The idea isn't that rich people don't create jobs, it's that they aren't the main engine of job creation. A rich person obtaining more money is far less likely to spend once their needs are met.
On the other hand, someone who goes from having a $20k income to a $50k income is extremely likely to spend that extra money and contribute to economic growth and thus job creation.
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