By Madison S. Hughes (09.20.2011)
Anytime the responsible idea of increasing taxes, or decreasing subsidies on corporations making record profits during times of economic recession caused by the economic policies implemented by the corporate masters, the specter of the “job creators” raises its ugly head in its usual punctual manner. The spurious “job creators,” especially corporations, have never, ever created a job. That is worth repeating, the spurious “job creators” especially corporations, have never, ever created a job. DEMAND creates jobs, not supply.
The idea that “job creators” create jobs, and must be kowtowed to so that they will give us the privilege of laboring for minimal sustenance is not only absurd on the surface, but it is utterly inconsistent with empirical evidence, particularly since the inception of the neoliberal experiment of the first 9/11 disaster of 1973. Supply-side economics has proven over, and over, to be an utter failure. Repeating supply-side economic mantras does not make them viable.