One of the latest memes making the rounds of the right wing is that only rich people are job creators. "I've never been hired by a poor man" is the sound byte. Perhaps not, but I have been hired by non-profit organizations and cooperatives, which had a distinct shortage of rich people. Members of my family used to tend bar in a neighborhood tavern that didn't even make enough money to support a family of three (the mom ran the bar while the pop worked a day job -- they lived in a modest ranch house near Oscar Mayer).
When you buy locally-produced goods and services, you are creating jobs in your community. You don't have to wait for largesse to trickle down from the highest tiers of society (most of those golden showers will fall overseas anyway).
If you have an IRA or 401(k), you are a stockholder and/or a bondholder. Read those annual reports you get in the mail and find out what companies' stocks and bonds are held by your mutual fund(s). Do you recognize the companies? Do you know what they produce? You may want to move some of your money into companies that are investing in U.S. production.
Remember that the super-rich are not the only investors in this country. We are all job creators.
Michael Cohen’s Tapes
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