If income hoarding created jobs, then we'd have an unemployment rate at about 3% then, right?
If the rich would do something like pay for everyone's mortgage for a year (this is hypothetical, I'm not suggesting that they should), that would free up Billions of dollars to be spent elsewhere, thus creating jobs.
We are a consumer-driven economy. We MUST have consumers and the more, the better for EVERYONE - including the wealthy.
Further, if people would wake up - why are Germany, Canada, Norway, Denmark and others more stable than we are? I would argue one thing: healthcare. Our system ties business down because so much of our healthcare is tied directly to work. Even the rising costs of education has to do with providing healthcare benefits for teachers and staff.
If we actually fix our healthcare system - instead of just continually putting band-aids on it, we might finally have the stimulus this economy needs to start shining again.
Oh, and our infrastructure is falling apart. We should be fixing that (and thus creating jobs) instead of letting everything fall apart around us in the name of "individualism".
