From Reason.com:
Politicians say they create jobs, but they really don’t. Or rather, they rarely create productive jobs. Government has no money of its own. All it does is take resources from one group and give them to another. The pharaohs might have claimed they created work when they ordered that pyramids be built, but think how much richer (and freer) the Egyptians would have been if they’d been allowed to pursue their own interests.
It’s individuals in the marketplace who create real jobs—when they have the protection of life and property under the rule of law.Economic freedom is the key. …Unfortunately, most politicians still don’t understand—or have no incentive to understand—that economic freedom, and therefore less government, creates prosperity. …
The truth is we have too few jobs today because government stands in the way. If I’m an employer, why would I want to hire someone when Congress and the Labor Department have so many rules that I might not be able to fire that person if he can’t do the job? Why would I take a risk on an investment when still-to-be-written rules about Obamacare, financial regulation and the environment could turn my good idea into a losing venture?
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