from Kevin Williamson in National Review, The Social Machine: The purpose of an automobile factory is not to “create jobs,” as the politicians like to say. Its function is not to add to the employment rolls with good wages and UAW
The president’s jobs bill is a non starter, a desperate attempt to do something by doubling down on failed policies. Point one– He offers tax breaks to workers by extending the reduction in FICA taxes, and making up the deficit
While we restrain oil production in this country, Canada is tapping their resource with new found vigor. Mary Anastasia O’Grady writes in the 9/12/2011 Wall Street Journal, Canada’s Oil Sands Are a Jobs Gusher. Excerpt: Having spent an hour the
I am constantly amazed at how sitting political leaders and naive citizens think that the government can create jobs. If the government could create jobs why would we ever tolerate any unemployment? Either the leaders are economically ignorant or liars.
Team Obama has missed the reason for high unemployment and slow growth in spite of low interest rates and seemingly endless stimulus. In the Wall Street Journal Gary Becker, Steven Davis and Kevin Murphy writes “Uncertainty and the Slow Recovery”.
The job numbers reported for December were down -85,000; a very disappointing result. It seems layoffs are slowing down but no new hiring is coming on line. I would like to take this opportunity to review my opinion on this