Ezra Klein proposes the “what if” of “What if growth had been equal?”  He means, of course, “What if the income distribution had not changed between 1979 and 2006, but we had still had the economic growth that we did over that period?”

This is, of course, impossible.

What Mr. Klein neglects to consider is how we got that growth.  Let’s face it, folks, except for our 401(k)’s and IRA’s, most of us are not engines of economics growth.  Our contributions are rewarded accordingly.  Most of us do not create jobs.  Those that do it, and do it well, are rewarded for their efforts accordingly.  We middle-class folks — even those of us in the fourth quintile — are not creating jobs.  We are working the jobs that the top guys create.

Many people will say that small businesses create more new jobs than large ones do.  I suspect a good number of those small businesses are selling their services to larger businesses, or are selling the products of larger businesses, or are franchisees of large companies.  Small companies are contracted to make parts for General Motors.   Mom-and-pop general stores sell products made by General Foods, General Mills, and General Electric.  And the lady down the street incorporates her Pampered Chef franchise into an LLC.  All of these are dependent on the large corporations for their prosperity.

Who created these large corporations?  They started as small companies, usually single-proprietorships or partnerships.  Than they grew, and created jobs.  The end result was that the people that created these companies got rich, and many jobs were created along the way.  Class warfare is nothing but greed and envy.  Instead of being grateful that these few visionaries worked their asses off, their disgruntled employees complain that it is not “fair.”