It's time to create some rules on what a 'job creator' is

[ck4829]

No, you aren't a job creator if you put money in the Cayman Islands.

No, you aren't a job creator if you put money in Bermuda.

No, you aren't a job creator if you put money in a Swiss bank account.

No, you aren't a job creator if you put money in any other offshore tax shelter.

No, you aren't a job creator if the only thing you do is run around telling people to get a job.

No, you aren't a job creator if you think the only way to create jobs is to cut the safety net.

And, no, you are definitely not a job creator if the jobs you put up use credit checks as a hiring filter and you go out of your way to tell the unemployed not to even bother applying.

[Morning Dew]

1. It's time to dump the term "job creator"

[ck4829]

3. It is, but the right's not going to. Can turn it on their head though

[Morning Dew]

5. I'd be happy to see that turned around, for sure.

I suspect they like to use "creator" to equate employers with "The Creator" on some level - they have that all powerful daddy/authoritarian thing they like so well.

[Donald Ian Rankin]

2. Anyone who employs other people, or invests in a business that does. N.T.

[aint_no_life_nowhere]

4. if you make your millions off capital gains, sitting around the swimmimg pool all day

waiting for the dividend check, Well maybe your "work" helps to keep your stock broker in a job.

[Warpy]

7. Dividends and capital gains are different

Most investors do few trades a year and collect dividends that are taxed as regular income.

Hedge fund managers are the ones who are capital gains bandits, raking in billions and paying ultra low taxes.

The low capital gains tax was meant to help elderly people who needed to sell off stocks in order to survive. The capital gains tax, like the income tax, needs to be steeply progressive, letting most of the retirees off the hook while skewering the hedge fund boys.

[aint_no_life_nowhere]

9. Thanks, Warpy

Man, you just can't get anything past someone's expertise here. One of the reasons this is such a great place.

[Warpy]

11. I didn't know it either

until I inherited a portfolio that pays me enough to live on and entered the steep side of a very long learning curve.

[Warpy]

6. I think you need to prove you've actually created, like, JOBS

and I'm not talking about your yacht crew, groundskeeping crew or household staff. I'm talking about the jobs that produce goods and services that keep the rest of us going.

That should be the demarcation, right there.

Some of us are heavily invested in things that produce those goods and services. We're in sort of a grey area, parasiting on the work of others while owning parts of the companies that provide the tools they use to do that work.

The ones who are heavily invested in investment banks and hedge funds that chisel money out of the system by issuing derivatives as though they had some actual value plus computer trading that makes a tenth of a cent per share a thousand times a minute are not job creators in any sense of the word. They're looters and it's high time we identify them as such.

[begin_within]

8. The only true job creator is the customer.

Capitalists only hire when they have a need for labor to make profit, and that need arises only when customers demand the product or service. So the customer is the true job creator, not the capitalist.

[texshelters]

10. Yes, here's my video mocking this BS

Check it out:

Endangered Billionaire Job Creators
http://www.youtube.com/watch?v=GTs433njcAQ

Peace,
Tex Shelters