Sorry, Folks, Rich People Actually Don’t ‘Create The Jobs’, Henry Blodget, Business Insider, November 29, 2013
Entrepreneurs and investors like me actually don’t create the jobs — not sustainable ones, anyway.
Yes, we can create jobs temporarily, by starting companies and funding losses for a while. And, yes, we are a necessary part of the economy’s job-creation engine. But to suggest that we alone are responsible for the jobs that sustain the other 300 million Americans is the height of self-importance and delusion.
So, if rich people do not create the jobs, what does?
A healthy economic ecosystem — one in which most participants (especially the middle class) have plenty of money to spend.
The Bitters Tears of the American Christian Supermajority, Chase Madar, Al-Jazeera America, March 30, 2014
Needless to say (or maybe not) this news ticker of persecuted American Christians floats far and free from reality. More than 75 percent of the United States identifies as Christian; 57 percent believe in the devil, and nearly 8 in 10 Americans believe the Bible to be either the “inspired word” or literal word of God. Despite the constitutional separation of church and state, the government began under President George W. Bush to outsource social welfare programs to faith-based organizations (more than 98 percent, according to one 2006 study, of them Christian churches), and schools with religious ties (mostly Christian) in several states are now well fed by direct public subsidies. But then, American places of worship (again, most of them Christian) have long enjoyed a de facto public subsidy as tax-exempt 501(c)3 organizations funded by tax-deductible contributions. Last month President Barack Obama himself held forth at National Prayer Breakfast about the importance of Jesus in his life.
To be sure, there are Christians in the world who face persecution, from Copts in Egypt to Catholics in northern Nigeria. But in the U.S., the Christian faith and its institutions have never been more pampered by the state.
And yet the persecution complex of American Christianity blares its sirens, well beyond the surly hype about a “war on Christmas” that has become as much a part of the yuletide season as eggnog.
Photo credit: Chris Piascik (chrispiascik.com) [CC BY-ND 2.0], via Flickr.