The Truth About The "Job Creators"

Every republican presidential candidate and all of the republican leadership in congress constantly harp about Americas precious “Job Creators”. They use this term most often in response to President Obama talks about raising taxes on the wealthiest Americans. At the current rate either taxes need to be raised in order to pay for the vast expenses of America or something has to be cut out of the budget (That argument will be addressed in another article). Democrats believe that if taxes need to be raised then they should be raised on the wealthiest Americans. Republicans believe that raising these taxes will kill jobs because those wealthy Americans will have less money to invest in job creation. This brings up two interesting questions;
#1 Do they create jobs at all?
#2 What kind of jobs are corporate America creating?

    #1 Do the wealthiest Americans create jobs? Originally the answer was yes because these were the people who started businesses, bought houses that needed to be constructed and engaged in services that you would not use unless you were doing well financially. Its those extra good purchases, services used, and consumption that drove the American economy to the top of the world. We were the biggest and best manufacturers, developers, and consumers on earth and everyone was happy. Great entrepreneurs emerged creating the “American Dream”, work hard, gain capital and use that capital to start a great business. Over Time massively large companies began to rise out of American consumption becoming what we now know as “Corporate America”. Americans consumed and used good and services and people had to be employed by them. As technology and time moved forward American companies gained the ability to easily manage outsourced labor in countries thousands of miles away. In the ultimate pursuit of more profit American companies began closing down plants and factories in the USA in favor of cheap labor abroad. That Is where we are today, we live in a world where a company with billions in profit must lay off thousands of American workers just to make a few extra million dollars.

    #2 What kind of jobs does corporate America want for the ordinary citizen?

    In order to “stay competitive” a company needs to have competitive pricing in its market. Every company has the responsibility to be the best company they can be and success is in fact measured in dollars. As a result if you can lower the cost of your production then you can increase your profits. The less you pay the more you will ultimately have. This is the reason why large companies keep moving jobs out of the country because there are some places in the world where they are so poor they will work for pennies a day. For the few jobs that remain they are often minimum wage, without benefits. There is no mistake about the largest, most profitable companies in America such as Walmart, McDonalds etc. cranking out millions of $7-8 dollar jobs nationwide often keeping employees with less than 40 hours on the clock to further cheat the system for profit. Even if one worked 40 hours a week for $10 an hour they would only make $20,000 a year, and that's taxed.

    Ultimately Republicans love to give tax shelters to their real constituents, those that line their pockets with the biggest donations, and make no mistake about it Democrats do the same thing. In another article I will discuss how impossible it is to relay on a government that can be bought by the highest bidder but for now American has a crisis. In trying to provide for its less well off, while maintaining a dominant military we have created a budget deficit that must be resolved. Tough decisions must be made to cut expenditures reasonably but revenue (Taxes) must be raised. Who can afford to pay a little more? Its time we stop cowering in fear of retaliatory business practices of companies that would have great profit either way. Its time we ask more of those who could do more. In a great time of need such as war the military drafts the men it needs, It did not ask of Women due to them being naturally less adept at being soldiers, it did not force those with medical issues to join. It asked the most from those who could give the most. Its time we do that financially.

And that is my Profound Perspective, as always please comment to open up discussion on the topic.