By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Doesn't matter.

The number of jobs in the economy are decided by supply and demand.  If there is demand for work and there aren't enough people to do that work, then jobs will be created.  If one company doesn't hire, then another company will until equilibrium is reached (or rather it will fluctuate slightly above and below equilibrium).

Same thing goes for the argument that rich people provide jobs so they shouldn't be taxed, another argument I hear from liberal economicists.  If the demand for jobs is there, people will be hired.  If the demand for jobs isn't there, then people will not be hired.  The only thing taxes can do is change what goods are in demand, from government public work projects to high end resturants to low end clothing.