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Wednesday, February 21, 2007

Jobs created, but for whom?

Some critics defend luxurious spending by claiming that jobs are created to support such purchases. An example is the 1000 jobs needed to produce a $10 million yacht.

That claim may stand up for many extravagances, but not for all.

In some cases, fashion wear and diamonds come to mind, the money that was made can come on the backs of poor workers in foreign countries.

So the next time someone tries to justify their luxuries by telling you that many people make their living because of such purchases, look closely at that which they are buying. Try to determine if the ones who made the most money on the deal did much of the work.

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