 |
|
April 21, 2014
April 18, 2014
Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology
John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain
The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious
April 14, 2014
Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time
Eric Schulzke: First degree: How America really recovered from a murder epidemic
Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships
Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin
Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate
Justin Caba: Eating Watermelon Can Help Control High Blood Pressure
April 11, 2014
Rabbi Hillel Goldberg: Silence is much more than golden
Susan Swann: How to value a child for who he is, not just what he does
Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer
Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You
April 9, 2014
Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?
Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau
Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau
Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease
April 8, 2014
Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease
Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear
April 4, 2014
Amy Peterson: A life of love: How to build lasting relationships with your children
John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet
John Ericson: Why 50 million Americans will still have spring allergies after taking meds
Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves
April 2, 2014
Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?
Frank Clayton: Get happy: 20 scientifically proven happiness activities
Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene
|
| |
Jewish World Review
Dec. 8, 2009
/ 21 Kislev 5770
How to Create Jobs Without Really Trying
By
Cal Thomas
| 
|
|
|
| |
|
http://www.JewishWorldReview.com |
In 1952, Shepherd Mead wrote a little book called "How to Succeed in Business Without Really Trying." In 1961, it became an award-winning Broadway musical. It's an instruction book about how a young man with lots of drive and cunning can rise from the mailroom to the top of the company. One of the songs from the musical, sung by the main character, J. Pierrepont Finch, is "I Believe in You." Finch sings it to a mirror.
Today that song might be re-titled "I Believe in Government."
President Obama delivered his latest speech on job creation and the economy Tuesday at the liberal Brookings Institution in Washington. As with all of his speeches, this one was loaded with first-person references and blame of the Bush administration for America's economic troubles. Apparently George W. Bush has finally replaced Herbert Hoover as the Democrats' favorite whipping boy.
The president again claimed his "Recovery Act" has "created jobs and spurred growth." He got the "act" part right. The facts tell a different story about recovery.
ABC's Jake Tapper analyzed the administration's claim to have saved one million jobs when that assertion was made at the end of October. Tapper wrote, "The 'majority of funds' came from state governments because (stimulus) distributed the money in block grants to the states. What did the states do with the money? They did save jobs, but primarily bureaucratic jobs. States used the money to temporarily paper over budget gaps which would have forced layoffs of state employees, which should have been a necessary step in slimming down state-level spending."
At Brookings, the president said, "My economic team has been considering a full range of additional ideas to help accelerate the pace of private sector hiring. We held a jobs forum at the White House that brought together business owners, CEOs, union members, economists, folks from nonprofits, and state and local officials to talk about job creation."
| FREE SUBSCRIPTION TO INFLUENTIAL NEWSLETTER |
| Every weekday NewsAndOpinion.com publishes what many in the media and Washington consider "must-reading". HUNDREDS of columnists and cartoonists regularly appear. Sign up for the daily update. It's free. Just click here. |
|
He might as well have assembled a group of scientists to discuss how water is made. The combination of two parts hydrogen, one part oxygen is learned in Chemistry 101. The way to create jobs is to allow businesses to make sufficient profits so they can afford to hire more workers and manufacture more "widgets." If businesses must pay more in taxes to government and more in health care costs there will be less profit and fewer employees. Why is that formula so difficult to understand?
Union and state workers don't create jobs. Nether do economists and nonprofits. Nonprofits exist because people and companies have enough money left over to contribute. If the donors are making less they will contribute less and nonprofits, like for-profits, will lay people off, or not hire new employees.
The president also wants to "invest" in infrastructure and "create jobs" by giving people "incentives" to prevent their homes from leaking heat in winter and cool air in summer. Hasn't that been tried in previous administrations? And the president wants to give tax incentives so that employers will hire workers. But the "incentives" are miniscule compared to the salary and benefits it would cost an employer to hire someone. The president would achieve real success by cutting taxes, eliminating unnecessary regulations and liberating the free enterprise system to do what it does best: create products and services people will buy so that companies will hire people.
That has always been the formula that has produced a strong American economy. Government produces little that people want to buy. Government mostly takes from those who produce. Government can spread wealth, as this president is attempting to do — but it can't create wealth. So by spreading wealth rather than allowing wealth to be created, the result is less wealth to spread.
Why can't liberals understand this? It is because this president and much of his administration have never punched a time clock or run a business.
The economic power of America is in Americans, not in government.
Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.
| BUY THE BOOK |
|  Click HERE to purchase it at a discount. (Sales help fund JWR.). |
|
Cal Thomas Archives JWR contributor Cal Thomas is co-author with Bob Beckel, a liberal Democratic Party strategist, of "Common Ground: How to Stop the Partisan War That is Destroying America". Comment by clicking here.
© 2006, Tribune Media Services, Inc.
|
|
Columnists
Toons
Lifestyles
|
