mr. middle class on jobs.

Hello everyone,

I am mr. middle class.  I make 50,000 dollars a year and have a wife and 2 kids.  I studied economics in college at a state university.  I have been following the news and I have been hearing a lot about "job creators".  Supposedly the people making millions of dollars a year are "job creators".  We have a free market, right?  So these guys really aren't job creators.  It's people like me, mr. middle class.


What stipulates a job?  In the service industry, it is demand for that service.  In production and manufacturing, it is production of a good.  When there is an increase in demand, employers are going to want to create more of a supply.  When they do this, they increase their workforce because more workers are needed to supply that good.  What drives demand?  Why it's people like me, mr. middle class.  It's not the rich with their money. They sit on it or buy things that don't truly create jobs or help the economy (like Buffett's example of hiring people to paint portraits not doing anything for the economy).  The middle class is the biggest sector of the market of buyers and they are the ones that are buying the most goods, creating the most jobs. Economists generally agree that me and the other mr. middle class' drive demand.

I already mentioned what determines the supply of a job.  Now, who specifically is "creating" the job.  This is where the term "job creators" comes in.  Supposedly, all rich people (making over $1 million) are involved in the decision to hire new workers and therefore we can't tax  them because they create jobs.  Labor is the supply to create a good and if a worker quits or gets fired, they can be replaced.  However, the position in some cases is not refilled.  The worker does have some limited control over the supply of his own labor.  Since most of people supplying labor are middle class, they are also going to be driving the demand.  If enough people like mr middle class lose their jobs, the demand is going to plummet until things get fixed.

The taxes on the job creators them are low and they are the only ones in the current economic state receiving wages.  Unemployment is still at an extreme high, and the "job creators" are getting raises.  There doesn't seem to be much logic in that.  There are tax cuts on the "job creators" but more taxes and little raise on the middle class.  There are no jobs being "created" because the breed of mr. middle class is dying and has less income (relative to inflation) to spend than under Reagan.  Demand for goods is shrinking and therefore, there aren't going to be any jobs created due to there not being a need for supply.  In a world with logical government policy, mr. middle class has the power but policy favors the rich so the power is taken away.