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A rich person isn't necessarily an employer. There has to be a sort of assumption that Rich people somehow should create jobs. The thing is if you want to create jobs everybody including yourself can create a job. When was the last time that you hired two were three plumbers when you really needed only one plumber just to give more people a job and income? When was the last time that you hired a plumber that you train them if they were not competent? You were the employer and they were working for you.
Rich people and those who are affluent create jobs in directly. Their shopping, entertainment, health needs, and other services provide businesses for those in the service sector.
If you want jobs, you should ask employers to create jobs.
Like another poster said you didn't add any commentary yourself so not sure wha the point of this video is. Also rich people do create jobs. The vast majority of job creation comes from small businesses probably making 250k to 500k a year so they are not RICH or 1% but at the same time people making 20k a year aren't the job creators either.
At about 1 minute he accidentally explains why the American yatch industry was destroyed but doesn't understand that it is the rich people buying yatchs that create those jobs, not politicians who use tax policy to "score" votes.
He is rich, he is good at numbers analysis, but he doesn't have the faintest grasp on economics.
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