Does Wealth Create Jobs?

Wealth does not create jobs.

Jobs create wealth.

Jobs are not a by-product of wealth.

Wealth is a by-product of jobs.

We seem to have a significant incapacity for identifying the problem or, perhaps, we see what is falsely considered a clever attempt to force determination of the problem into a process of negotiation. In both cases, ignoring or being incapable of knowing the truth demonstrates an accumulation of wealth and power to an extreme level of incompetence.

The conservative argument that there must be a regulatory environment that favors accumulation of wealth, like the repeal of Depression-era regulations, is an empirical failure of recent verifiable proportion...the Great Recession.

The "trickle-down" hypothesis is disconfirmed. It is a verifiably false argument. It is foolish to keep presenting the argument as credible public policy, yet it is.

We should not continue to suffer the consequences of the Peter Principle, especially on a macro-economic scale.

Trickle-down economics does not create jobs, it primarily creates debt that the jobs, as a by-product, are created to pay.

The neo-classical model of capitalism creates a huge public debt. Someone must be enslaved to the debt, but since slavery is illegal, the debtor assignment (the people and their jobs being most at risk) is more elegantly determined by income class.

Describing the debt as a by-product of government intervention in free markets that creates wealth and, therefore, jobs is a skillful deception (hysteron proteron) that has evolved into a doctrinal belief that according to the true believer cannot be disconfirmed. It is a matter of principle...what we should empirically refer to as the Peter Principle.