Issue Position: On Jobs: Advocating for Economic Development

Issue Position

Date: Jan. 1, 2020

We, the members of the middle class, are the real job creators because it is our spending that creates demand. Nick Hanauer, who helped found Amazon, put it this way: "Only consumers can set in motion a virtuous cycle that allows companies to survive and thrive and business owners to hire. An ordinary middle-class consumer is far more of a job creator than I ever have been or ever will be…We've had it backward for the last 30 years. Rich business people like me don't create jobs. Middle-class consumers do, and when they thrive, U.S. businesses grow and profit." If demand for goods and services increases, businesses will have a need to employ more people to create those goods and services. Jobs will be created. We have to get money into the hands of the middle class, who will spend that money creating the "virtuous cycle" that will allow us all to thrive. This is why I filed and championed Paid Family Leave.


Source
arrow_upward