Quote of the Indeterminate Time Interval – Sally Kohn

by wfgodbold

In her opinion piece haranguing about the need for higher taxes on the rich, Sally Kohn says:

Stop calling big business the “job creators.” They have all the resources imaginable and they’re still not creating jobs. It’s time to put more money in the pockets of working Americans so they can spend it, create demand and finally kick-start the economy.

I don’t think she understands how business works (and since her byline says she’s a strategist, political commentator, founder/CEO of a think-tank, and a magazine contributor, her not understanding how business works is obvious).

Companies don’t exist to create jobs.

Companies exist to maximize shareholder revenue.

Companies create jobs because they get more of a return on their investment by paying someone to perform some task than they would by just investing that money.

Ms. Kohn later goes on to say:

Almost three in four Americans support raising taxes on the wealthy so we can put government to work getting all of America working again, according to a Washington Post-ABC News poll.

FFS.

That’s not the government’s job.

At all.

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