Government statists have their own idea of creating jobs: Make work. Whether at a government office or at a construction site. Hand out a pick and shovel, if that’s what it takes. Or place folks on unemployment insurance. Demand for goods and services will produce jobs.
Good old Keynesian theory that does not work in practice and never does for long, if it ever does temporarily.
Getting down to reality, left-leaning politicians have no concept of creating jobs, that of using the psychology of entrepreneurial spirit. That is why they will tax small business in the depths of a severe downturn. That’s why tax exemptions, not tax cuts, are only short-term.Why they raise minimum wages for small business during economic recessions.
Through the use of such dampening forces to see that jobs are not created by what they consider questionable private business.
Basically, the Left does not like business. They look at profits as criminal, to be taxed away for redistribution back to the community by wise governmental bureaucrats. (See the Earl J Weinreb NewsHole® comments.)
No comments:
Post a Comment