Case Closed

One of the arguments from the right about the tax cuts was that the rich should not be subject to more taxes because they're "job creators", even though unemployment numbers would argue otherwise. As it turns out, they are, in fact, job creators (just not domestically):

Corporate profits are up. Stock prices are up. So why isn't anyone hiring?

Actually, many American companies are – just maybe not in your town. They're hiring overseas, where sales are surging and the pipeline of orders is fat.

More than half of the 15,000 people that Caterpillar Inc. has hired this year were outside the U.S. UPS is also hiring at a faster clip overseas. For both companies, sales in international markets are growing at least twice as fast as domestically.

Job creators my arse. And still there are plenty of people who fall for this horseshit when it's blatantly obvious that corporations are not in the business of helping the US economy.

Ironically, I was reminded of this the other day when CNBC aired a documentary on what happened at Enron, another wonderful company that excelled at "job creation."