I know I often don't do justice to the articles that I bring attention to but I understand that people's time is valuble and frankly many of us have the attention span of a hummingbird on crack. So here's the ultra-condensed point of the article.
It doesn't matter how much money you let the rich keep they won't create jobs. That's simply not how reality functions. What creates jobs is DEMAND and that comes from the middle class. It doesn't matter how good your idea is if the common man can't afford it. If the common man can't afford your product be it an Ipad, a CD or tickets to your game the business will collapse and all the "jobs" you "created" go away.
The rich don't buy enough to really power an economy. It's possible that they could, but they won't. Even when you look at the most opulant rich person you can find they might own five or six houses. Go outside and answer me this. How many houses on your block? Now think about all the other things that you buy and own and ask yourself how many of these would you have if you suddenly made a million dollars? Would you buy dozens of cars? Cus that's what you'd have to do (for most of us don't you country folk who need to travel twelve miles to find the nearest paved road go fucking with my math) to make up just for the actual purchases of people on your block. How many more clothes would you have? Sure you'd have MORE stuff and more expensive stuff but you'd have to do it to by an order of magnitudes to create the same amount of jobs.
This makes sense to me as I recently had an idea for something I could actually do for a side business, without much overhead, but the problem was.....who would buy it? I figured that mostly only the people with plenty of money would, maybe. Day to day people like me who are able to spend extra for something ordinary are few and far between, especially around where I live. It would take dealing with only the people with money to get it off the ground---so eventually, there might be a need for expanding a good business with employees. (creating jobs)