The private sector "creates jobs."

Editor,

"The private sector creates jobs."

Really? Is this what the private sector does?

I have never met a business person whose goal in life was to "create jobs." Every business person I know went into business to make money.

To appropriate the surplus value of other people's labor businesses must employ others. This is known as "creating jobs."

So to thwart government (you and me supposedly in the USA), which requires businesses to pay taxes and adhere to rules ("regulations") that protect the health and prosperity of the American public as a whole, business people claim -- after the fact, to justify short-changing the rest of us (or worse) -- that their sole purpose in life is to "create jobs."

What a joke. Jobs are the first to go when business is bad, or a new technology enables a business person to make more money for themselves by employing fewer people, or transnational bond holders (who need interminable tax cuts because they "create jobs") demand "austerity" measures so they will be paid.

Re: "As Economy Slowly Recovers, Fed Says It Has Done Enough" (6/23/2011)