La Cucaracha by Lalo Alcaraz for November 13, 2011
Transcript:
Barrio Bugle Sign: Plenty of Jobs Mr. Jefe: Lopez! I hope you appreciate how much it costs me to keep you employed at your job. Eddie: Is that why you pay me almost at minimum wage? And you took away my medical coverage? Plus killed my pension plan? And gave me loads of extra duties to do? Mr. Jefe: Yes. And I have another new job for you. Go wash the newspaper delivery truck. Eddie: Thanks a lot, "job creator."
Both parties have brainwashed Americans into thinking consumer spending creates jobs. But consumer spending comes at the end of the process — it’s private saving that creates jobs by providing the capital entrepreneurs need.