All You Need To Know About Creating Jobs

Due to the arithmetic involved the unemployment rate was unchanged @ 9.7% in February but the more substantive statistic in our jobloss recovery was that 36,000 more jobs were lost in the month.  Many people are calling on BO & Congress to switch from working on Healthcare reform & start working on creating jobs.  I am asking them to stop working on both & just get the hell out of the way.

 

The way to maximize the creation of value producing jobs that increases our standard of living is for the government to stop its constant intervention & interference in the economy & unleash entrepreneurs & innovators in a true free enterprise system - which is far from what we have had in a long time.  BO's policies not only don't maximize the chance for creating such jobs, they don't even minimize it - they virtually eliminate the possibility of any such jobs being produced.  And of course this is by design.

 

To understand how value producing jobs are created think of the world economy as a ladder - a metaphor recently presented to me by Professor Robert Carbaugh of Central Washington University.  The U.S. is currently on the top rung & developing nations with low tech labor intensive jobs are on the bottom rungs.  The other countries are in between.  All countries try to climb to the next rung.  This works well if the topmost countries create new industries & products, thus adding another rung to the ladder like when we replaced horse drawn carriages that used buggy whips with cars.  Older industries can move overseas while new jobs are generated @ home.  It is when innovation stalls @ the highest rung that the portion of Americans near the bottom of the income distribution must compete with workers in developing countries.  This is what we are facing today as far too many Americans are poorly educated with skills so limited that no employer can use them.  It is only through constant brainwashing that the government will take care of you that would allow some one to become so ill-prepared to support themselves that they are now competing with third world people who make pennies a day. 

 

Now the government intervention & interference I referred to is not limited to America's government because there is really no such thing as a fair & level playing field in the global economy of international trade.  Virtually every country in the world uses tariffs, quotas, quota licenses, tariff rate quotas, export quotas, domestic content requirements, subsidies, export subsidies, dumping - sporadic, predatory, & persistent, government procurement policies, & social regulations such as the average fuel economy standards of cars to protect their workers.  Of course the workers needing the most protection are the lowest skilled least educated people.  Accordingly, as politicians try to buy votes to get re-elected there is no free & unfettered trade - protectionism of the weak in one form or another reigns @ the expense of the American consumer.

 

All of this falls in line with BO's plans for completing the socialism of America & people's dependence on his government.  By pretending to be concerned about American workers he can talk up any program he wants that in reality will not help but most Americans are too ignorant to realize what is happening to them or our country.

 

To BO his success as President depends on the very misunderstanding he claims & pretends to protect.  His policies will lead to more stagnation, no value producing jobs, & certainly more government dependence that will reward those statists in power with an anti-American agenda that preys on the populist movement through class warfare & economic illiteracy.