People Buy Things, You Get Rich

“We do not need to further incentivize entrepreneurs and investors to start companies — they already have plenty of incentives to do so… It is silly to think that “entrepreneurs and investors” create the jobs in our economy. Entrepreneurs and investors start and fund companies, which is important. But what actually creates self-sustaining jobs and a growing economy is customers who want and can pay for companies’ products and services. Without these customers, there’s no job creation.”
 — Hee! Henry Blodget writing this morning on how bazillionaires aren’t actually the engine of the economy is already attracting the hate-comments.