Monday, July 18, 2011
I’m so confused.
The Republicans tell me that we must not increase the tax burden on the job creators. Who are these job creators? Are they the ones who get the tax break for corporate jets? Because as far as I know, those folks ain’t hiring. They’ve discovered increased profitability through downsizing, and the jobs they downsized aren’t coming back regardless of what happens with tax rates.
We’ve been told the real job creators are the small businesses of America. A fellow just up the road from me owns a roofing company. After the big April hail storm a few years ago, he and his workers put a new roof on my house. Right now, he’s not creating any jobs because Dane County housing starts are the lowest in years, people are deferring maintenance on their homes when the new roof comes out of their pocket, and we haven’t had a good hailstorm in a while.
Another thing that confuses me is the report a few days ago that said only 18 thousand jobs had been created in America in the past month. These reports don’t go into much detail about who created these jobs, but sometimes they throw in a word or two about “seasonal labor force adjustments”. Everyone bemoaned the low number of new jobs created, so, are these “job creators” who must not be taxed just sort of waiting to see what happens with taxes before they create all these jobs?
Certainly, the jobs creators aren’t rich guys. My friend Bill Wineke pointed out in a recent column that Warren Buffet, one of the richest men in the world, is certainly not a “job creator”. I believe it’s fair to say that Buffet has probably caused the elimination of far more jobs than his acquisitions have ever created.
Could it be that “job creators” is just another one of those cynical, poll-tested political catch-phrases?
Like the phrase “working families” the other party loves to use?
Posted by Tim Morrissey at 2:51 PM