-By Brad Friedman
September 25, 2011- First, hearty congratulations are in order to the Koch brothers who, according to Forbes, are now worth $25 billion each!
That's up from the pathetic $17 billion each were worth back in 2009. So it looks like this economic downturn…this "Obama recession"…despite all of those "job killing tax increases" (there were none, he's cut taxes repeatedly)…and "job killing regulations" (there were very very few new regulations)…seems to be working out great for the two "job creating" co-owners of Koch Industries, the oil and chemical conglomerate the brothers were fortunate enough to inherit from their father.
The combined personal wealth of the two brothers has increased a total of $16 billion dollars over the last three years under the current President — no matter what they like to suggest to the contrary when they're speaking in places they think nobody is listening to them.
Seems like the Kochs should be thanking Barack Obama, rather than declaring "the mother of all wars" on him.
But, as Rachel Maddow discussed last week, for some odd reason, all that increased personal wealth for the "job creators" at Koch Industries, the country's second largest private company, doesn't seem to have translated into the actual creation of, ya know, jobs for some odd reason…
Weird. Even though their personal wealth has increased by some 40% during the worst economy in nearly a century, even though they now personally are worth more than the GDP of some 48 different countries, they keep killing jobs by firing thousands of Americans.
It's almost as if that whole "job creator" thing — the notion that people who already have a whole lot of money will simply create more jobs, out of the kindness of their wallets, if only they have still more money — is a crock of shit that only the dumbest, most brainwashed, misinformed, incurious jackasses could possibly fall for…or something.