Posted by
Corthell on Tuesday, December 08, 2009 4:32:26 PM
''Constant government experiments with new bright ideas is another common feature of Obama's "change" and FDR's New Deal. The uncertainty that this unpredictable experimentation generates makes employers reluctant to hire. Destroying some jobs while creating other jobs does not get you very far, except politically. But politically is what matters to politicians, even if their policies needlessly prolong a recession or depression.'' President Obama keeps talking about the jobs his administration is "creating," but there are more people unemployed now than before he took office. How can there be more unemployment after so many jobs have been "created"?
Let's go back to square one. What does it take to create a job? It takes wealth to pay someone who is hired, not to mention additional wealth to buy the material that person will use.
But government creates no wealth. Ignoring that plain and simple fact enables politicians to claim to be able to do all sorts of miraculous things that they cannot do in fact. Without creating wealth, how can they create jobs? By taking wealth from others, whether by taxation, selling bonds or imposing mandates.
However it is done, transferring wealth is not creating wealth. When government uses transferred wealth to hire people, it is essentially transferring jobs from the private sector, not adding to the net number of jobs in the economy.
If that was all that was involved, it would be a simple verbal fraud, with no gain of jobs and no net loss. In reality, many other things politicians do reduce the number of jobs.
Is Obama really out to defend the "little guy"? Far from it. Learn realities of president's policies you won't see on cable news: "Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses"
Politicians who mandate various benefits that employers must provide for workers gain politically by seeming to give people something for nothing. But making workers more expensive means that fewer are likely to be hired. http://www.wnd.com/index.php?fa=PAGE.view&pageId=118297