I must disagree with you, Mr. Humphrey, about your assertion that consumers who have money are the job creators [The Reader’s Voice, May 15].
There are two sides to the laws of supply and demand. Consumers do not provide the economy with any goods or services. They provide a demand.
I want antigravity boots. I have enough money. Sell me some antigravity boots.
Sorry, there is no such thing as antigravity boots. The demand may be there, but there is no supply.
I want cheap fuel and cars. Rockefeller and Ford provided me with both.
I want flat-screen TVs. We make those.
I want great picture quality. We have DVDs.
I want my Beta VCR and eight-track music player to have movies and music. They don’t make them anymore. I can’t get them.
I want good computer equipment. I can get it.
It is not you or I who create the many fine things we can enjoy. It is the capitalists and visionaries who create a supply to fill our needs.
Steve Jobs made us many fine products. He made his employees into millionaires.