Friday, October 23, 2009

Government creates jobs

Politicians use this phrase in a variety of ways, especially when campaigning for an elected office.

I hear this over and over again, from those that consider themselves champions of free market economics or those favoring government regulation. A politician will enact some policy or tax code to in effect stimulate job growth.
Sounds great! Who would be against job growth?

Critical Questions-
-Is the job creation one in the private sector or public sector?
-What defines a job?
-Are government policies the reason for the job creation or is this merely reducing an entry barrior for a business?
-Do short term subsidization's create long term economic growth and "jobs"?
-Is corporate welfare beneficial to our economy?

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