[USFRIENDINVICTORIA]

"Creating jobs", in this context, is not the same as creating wealth. It's another way of saying "make us less efficient". Think of the jobs we could create if we stopped using any energy source, other than muscle power (our own, or animals). We would have no higher standard of living than people did in the 12th century -- but, we'd all have jobs. And we'd have to work hard at them, until we were laid to rest in an early grave.

[ArcadeQuarters]

Beat me to it! We can create jobs by hand digging a giant hole in the desert but it does nothing for the standard of living. That’s the tricky part - raising the standard of living.