The first error is the assumption that creation of jobs is somehow desirable. Personally I have the goal of not needing a job anymore, for example by automating everything. I think the whole economy is working towards that goal in the end.

Likewise "more consumption" is not a goal in itself. Wellbeing of people is a goal, consumption might be a way to achieve it. But because you should be careful what you measure, trying to increase consumption is probably bound for disaster.

The problem is not creating more jobs, it is distribution of wellbeing.