Job Creator!

Romney is rich. Super rich. He made his gazillions by downsizing corporations and laying off your neighbors while at the helm of the private equity firm Bain Capital. Even on his best day, where he isn’t laying off thousands of people with a stroke of a pen, he doesn’t create anything, let alone jobs. Warren Buffett recently pointed out to Bloomberg News:
“He makes money by moving around big bucks, not by straining his back or going to work and cleaning toilets or whatever it may be. He makes it shoving around money.”

In essence, Romney got rich producing absolutely NOTHING. I actually have no problem with this fact (As an attorney, I seem to produce nothing but endless amounts of paper that ultimately ends up in the recycling bin). What I do have a problem with is the stupid narrative that rich assholes like Romney are, by virtue of being rich assholes, job creators. He isn’t a job creator by any real metric (my libertarian friends argue that in theory the wealth he is creating can go towards paying workers…in China). If Romney were to pay an effective tax rate of 14.9% instead of the 13.9% he is paying now, I am willing to bet real money (not the Monopoly money I usually wager) that not a single job will be lost as a result of that extra 1% he has to pay.

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