Job creation

Feb 16, 2010 14:00


Every time I hear about how many jobs the government has created, I just cringe a little more and wonder if so many people have no idea how business works or where government money comes from.


Government 'created' jobs are nothing more than another type of wellfare. In essence, the government can't create jobs, it can only expand the size of spending, and that spending is the tax dollars you pay in. The more government expands, the more they are going to need from you. So in the end, just like Social Security, you are making less money through increased taxes so that the government can hire someone else (or the government just borrows us further into debt to pay for these jobs).

Private industry and businesses are the only ones that can actually 'create' new jobs and grow the economy. Their employees actually infuse the tax system with money. The taxes paid by the businesses actually adds to the the tax income pool. You may say, "But government employees pay taxes, too!" Except, every dollar of money a government worker is paid is tax money, taxing that money is just saying, "Your government paid salary is 50k a year, but we are going to take about 15% of that back." That money came from the same source the taxes go back to; like a pond that you drain steadily with a hose but pour a bucket of that water back in every month or so.

What the government can do is offer incentives and breaks to businesses to encourage their growth but even then, it's still up to the economy, and specifically, demand, as to what the business will do.

About the only two ways government could truly create jobs would be to limit importation of necessary items that would then have to be made within the borders. And again, that only creates the incentive for a business to spring up.

You never hear one person speak of this on the news and frankly, I can't think of once I've seen it on the web. It's always an argument about how many jobs were created or if any were created/saved but in the context of that the stimulus did something or nothing to help.

thoughts

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