The rich are NOT interested in creating jobs, they're interested in making money.
The rich make money in two ways:
- Raise prices.
- Cut costs (labour is a big part of costs, so are taxes).
The rich then exploited workers, offering poor wages, few benefits and deplorable working conditions. Then came unions. Costs went up and profits went down.
The rich then moved production overseas to exploit cheap labour there, offering poor wages, few benefits and deplorable working conditions. The American worker at home was left without a job.
The rich aren't interested in creating jobs, they're interested in making money.
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