Posted by
Defend America on Tuesday, December 08, 2009 7:21:08 AM
Jobs or Snow Jobs?
by Thomas Sowell
President Obama keeps talking about the jobs his administration is
"creating" but there are more people unemployed now than before he took
office. How can there be more unemployment after so many jobs have been
"created"?
Let's go back to square one. What does it take to create a
job? It takes wealth to pay someone who is hired, not to mention
additional wealth to buy the material that person will use.
But government creates no wealth. Ignoring that plain and
simple fact enables politicians to claim to be able to do all sorts of
miraculous things that they cannot do in fact. Without creating wealth,
how can they create jobs? By taking wealth from others, whether by
taxation, selling bonds or imposing mandates.
http://townhall.com/columnists/ThomasSowell/2009/12/08/jobs_or_snow_jobs