The Big Lie: “Rich People Create Jobs”

(Multimedia) One of the most commonly repeated theories about job-creation is that "rich people create jobs"--specifically, rich investors and entrepreneurs who build companies that eventually employ hundreds or thousands of Americans.
This theory is often used to justify very low taxes on investors and high-income earners, under the theory that such folks have to be given an incentive to "create jobs."

But the trouble with the theory, says Nick Hanauer, ... Full Story »

Posted by Dwight Rousu

See All Reviews »

Review

Dwight Rousu
4.0
by Dwight Rousu - Feb. 11, 2012

One of the reasons our economy is struggling, Hanauer says, is the middle-class has been gutted and stripped of its purchasing power. To restore the economy to health—and reduce the unemployment rate—the buying power of the middle class has to be restored. And that, Hanauer says, can be accomplished in two ways:

See All Reviews »

Dwight's Rating

Overall
4.0

Good
from 11 answers
Quality
4.1
Information
4.0
Insight
4.0
Style
4.0
Context
4.0
Expertise
3.0
Originality
4.0
Relevance
5.0
Responsibility
5.0
Popularity
3.5
Recommendation
4.0
Credibility
3.0
More How our ratings work »