The Job Creation Hoax - 10 Economic Myths Debunked #8 - Robert Reich

[Warpy]

1. When some nitwit repeats their "job creator" propaganda, say it like this

No rich man ever handed out a job unless there were a lot of poor men with money in their pockets, waiting to buiy what that job would produce..

Plus you can remind them that all those tax cuts did is cause corporations to buy their own stock. The tax cuts hyperinflated the stock market but did nothing for anyone else.

I dougt if any of this will change until the next crash, when we'll get the necessary rerforms. Then, after a generation of prosperity, a new bunch will come and repackage the whole pile of shit for a new generation of dimwits to eat up.

And so it goes. Marx was right about that.