Correct. 70% of economic activity in the US is consumer spending -- you could rightly say that consumers create 70% of US jobs. And if consumers lose buying power, as they have in the last few years, they will be creating fewer jobs.
Investors create offshoring and downsizing, import H1-Bs and illegal aliens. Obviously, the majority of voters consider themselves more as producers than investors, even though their 401K and insurance funds are in the market. On election day, they vote their pocketbook today, not 30 years into the future.
There are two sides, eh? I guess I'm on the other side of this side...maybe I'm on the other side of that side...hmmm. I shop at Walmart. I suppose that answers your question.