For swimming pools like this:
Jobs created (estimated): pool boy, swimming waiter (?), sunscreen applier, nose wiper, towel holder…
Jobs destroyed: pay no attention to the companies that went into bankruptcy and the massive layoffs so this millionaire would get a large end-of-the-year bonus and / or stock dividends (taxed at a lower rate than our income). Brand new minimum-wage jobs might be just around the corner for the newly unemployed!
National Journal’s Jim Tankersley reported today that the wonkfest’s organizers decided not to post the video of a TED presentation by a venture capitalist named Nick Hanauer, who’d spoken about how the American middle class has been left behind:
“We’ve had it backward for the last 30 years,” [Hanauer] said. “Rich businesspeople like me don’t create jobs. Rather they are a consequence of an ecosystemic feedback loop…
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