Essay: Why Creating Jobs is the Wrong Goal
We're all job creators
I recently saw a clip of Peter Schiff interviewing an Occupy Wall Street protester. Schiff asked him how many jobs he creates, and unfortunately, the protester wasn't prepared for this question. (Although it was being filmed by Drew Carey's libertarian group called Reason TV, so if anybody did raise good points against him, we'd never see it anyway.)
Contrary to Schiff's shortsighted view of the economy, common people do create jobs. We hire orthodontists, doctors, lawyers, mechanics, plumbers, electricians, HVAC technicians, exterminators, and many other professionals. Their careers directly depend on enough working class people being able to afford to hire them.
Less directly but just as importantly, we hire businesses (and the factories and transportation companies which supply those businesses) whenever we patronize them. If they lose consumer demand (like they would if their