

Rich do not create jobs

11:02 PM, Oct. 21, 2013  |  Comments

Some people's concept of how jobs are created amazes me. The writer of the Oct. 16 letter, "Save middle class," states the rich, with specific reference to Republicans, should be creating jobs because they have the money. Money is not the only criteria for creating companies.

Although there are always pockets in industry where conditions are favorable for expansion and risk taking, that is absolutely not the current atmosphere for the vast majority of companies, large or small, or entrepreneurs.

The writer had the cart before the horse by stating tax cuts increase poverty and shrink the middle class. If this means it might reduce the government giveaway programs, the writer has a point. But that's when the print-money-in-thin-air magicians are called.

There are many factors that influence the reluctance to create jobs: economic uncertainty, restricting energy exploration, unnecessary regulations, the ever-rising deficit and debt, and increased taxes. But the top culprit is the Affordable Care Act, which is not only a preventer but a killer of jobs.

Worry about a government shutdown is misdirected; government is shutting down America.

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