"Poor people don't create jobs" Oh yeah?

[alp227]

Found via "We Survived Bush. You Will Survive Obama" on Facebook. The cartoonist is Steve Bagley of the Salt Lake Tribune; the toon is from 10/22/12.

[Mnemosyne]

1. Without the poor, where would all those social workers work? Idiots. Good toon, thanks! nt

[JaneyVee]

2. No, but a WHOLE LOT of middle class people DO create the jobs.

Average salary for small biz owner is $53,000/yr.

[Elwood P Dowd]

3. Poor people create millions of jobs.

Consumer demand for goods and services by the middle class and poor create over 60% of the jobs in this country. Poor people still have to spend money on food, clothing, transportation, utilities, medical treatment, drugs, etc.. While poor people often get help from the government, that doesn't come close to meeting all their needs. The financial help they do get from the government also pumps hundreds of billions of dollars a year into the economy to help create jobs.

If all consumer spending by poor people came to abrupt end, I'm guessing it would cost our country 5 million jobs or more as consumer spending took a massive hit when almost 50 million Americans suddenly stopped spending.