Jan 28, 2018

Rich Americans Are Not Interested In Creating Jobs

Subject to edits/revision:

The rich are NOT interested in creating jobs, they're interested in making money.

The rich make money in two ways:
1. Raise prices.
2. Cut costs (labour is a big part of costs, so are taxes).

In the United States of America (USA), rich land owners used African slaves (free labour) to make money. Then came emancipation (the end of slavery). Costs went up and profits went down.

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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