Thursday, July 7, 2011

Luxury Items Create Real Jobs

President Obama continues to display an astonishing lack of understanding about how the rich create jobs for ordinary Americans by purchasing luxuries like jet planes. We discussed this very thing after the president suggested that ATM machines actually reduce jobs, and it's a bit surprising that he would stumble into the same pit again so soon after the last chastening he received.

Anyway, rather than cover the same ground as in the earlier post I'll defer to Michael Ramirez:


These are real jobs, it should be noted, not the artificial, temporary kind favored by Mr. Obama and created with stimulus money at a cost of $238,000 per job.