An interesting article given the current debate over extending and expanding the Obama payroll tax cut at the expense of top earners. As a serial entrepreneur and MBB vet (just so you don't think I'm a pinko), I wholeheartedly agree.
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Steve Jobs is an outlier so let's not overrate his skills or his "extraordinary" visions. For every Jobs or Gates there were thousands among thousands of equally smart people who failed (e.g. started a company in garage and so forth). We tend to hear about the winners.
Regarding creating jobs there's no such mandate for an executive. The goal is to reward shareholders (has its positives and negatives). A services economy is not friendly to job creation for people who lack certain skills.
SJ is great if you are one of his shareholders or a consumer of his products but i would never want to work for a guy like that. i know a guy at apple on the engineering side; terrified of sharing an elevator with him because he might not have a job when he gets out.
Lets set the record straight, Steve jobs did not "invent" the iphone. He merely sold the concept. The iphone has created tens of thousands if not hundreds of thousands of jobs, so the view that no jobs were created is wrong as well. The iphone it self is not the end game, you have to look at the borader scope to realize what an impact that one item as on an economy.
A problem with this argument is, once again they continue to represent the 1% with billionaires or celebrities. All I see in the article is Steve Jobs, Larry Page, Jeff Bezos etc. But what about the man down the street who owns a a bunch of franchises, or apartment complexes, or sells t shirts.
If they are trying to justify raising taxes on the top 1% by talking about billionaires, that argument is extremely flawed(HENRY class earners). If that's not the case raising taxes on individuals who make 1,000,000+ a year is still not justified by talking about steve jobs. Millionaires may or may not create jobs, but lets stop acting like they all make billions. Maybe congress should just propose raising taxes on billionaires until they start informing the public if "millionaires" create jobs.
Who cares weather or not entrepreneurs create jobs? They undeniably create wealth, which is much more important. If creating jobs was so important, we should require everyone to live like the Sisyphus and roll boulders uphill for eternity: http://en.wikipedia.org/wiki/Sisyphism
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