Creating jobs CAN be investing in public welfare, but not creating minimum-wage jobs (say in the USA), poverty wages and slave labor oversees, or dumping pollutants into the environment.

Walmart, the largest employer in the United States, does not provide a livable wage, which ends up costing taxpayers $6.2B in government assistance that they needed.

https://theintercept.com/2017/06/13/theres-a-new-way-to-make-walmart-pay-for-the-food-stamps-employees-rely-on/

We subsidize shit wages, while corporations make Billions off exploiting their workers. Anyone who works 40 hours a week should make a live-able wage. And there are too many shit-paying jobs and not enough jobs that people can support their families on.