Originally Posted by Rock

I get it. The author believes in the power of income redistribution. That, of course, is not really an original idea. It has a long history of failure currently well illustrated by the financial collapse of Greece. The over-simplified claim that "rich people actually don't create the jobs" assumes that all rich people were born that way and hoard their money in deep bank vaults, only spending it to fund schemes specifically designed to screw the poor. To bring this thread even a little bit toward the cargo industry, I offer Fred Smith as a counter to the idea that rich people don't create jobs. But I would also offer Henry Blodget as a counter you might be more willing to accept. He's rich. And he creates jobs. And, even more significantly, he is perfectly free to donate a majority of his wealth toward handing out thousand dollar bills to the middle class people he doesn't employ, so that they can spend it in our economy, which according to his theory, should benefit him even more because people with enough cash to buy extra food and clothes should also have enough cash to buy his books on how to spend their extra cash.
Let me know when Henry believes enough in income redistribution that he jumps into it feet first and gives away his money to less fortunate people like me.