Tuesday, January 31, 2012

How Many Jobs Can a Politician Create if a Politician Could Create Jobs?

First, an apology to woodchucks.  Thoughtful Ideas does not intend to disparage woodchucks by likening them to politicians.

Politicians can create jobs in their respective government spheres by hiring friends, relatives, and cronies.  They cannot create jobs in the private or business sectors.  Only real or potential employers, along with individual entrepreneurs, can create jobs.

To be sure, politicians can improve the business climate by enacting pro-growth legislation, or they can make it worse through anti-growth legislation and regulation.  The business cycle can be stretched out or compressed.  Sometimes we are lucky, e.g., President Reagan, Prime Minister Margaret Thatcher, and China’s great visionary Deng Xiaoping.  Other times we are unlucky—take your pick from a long list of U.S. and global leaders.

Just one time Thoughtful Ideas would like to hear a member of the media tell a politician who claims to have created millions of jobs that in fact he or she did not create those jobs.  All he is trying to do is take credit for jobs that hard working private individuals and enterprises created.

Don’t hold your breath.

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