Government and Job Creation

[Cold Highway]

Jobs are properly created by businesses. Government-created jobs are either fueled by fiat money and manipulated market conditions or directly funded by taxes paid by businesses and individuals who then have less to hire people for real wealth creation. Government-created jobs destroy wealth and sap potential from the economy. The several stimulus bills passed by Congress have done much to expand government but not much to keep money in the hands of real job creators -- the entrepreneurs.

Keynesian economists don’t see things this way. They see government spending as a stop gap measure that tides us over through rough economic patches. But is this really the case?

Far from it. The reality is instead of sustaining us until the economy can catch up, government spending perpetuates the problems the bureaucrats and the politicians created. Maintaining a high level of employment is one of the main objectives of the Federal Reserve, which is just one reason it is ill-conceived at its very core: it legitimizes economic intervention which is always destructive. When unemployment rises after the bust of a Fed-created bubble, you can be sure Congress will attempt to rescue the economy through various policies that will always prolong the agony and expand the downturn.

Government is NOT supposed to be a job creator, only a referee. Government will not save the economy, only delay the recovery.

Campaign For Liberty — Government and Job Creation    by Ron Paul

 

[Henrin]

Private sector jobs are created in response to economic opportunity, while government jobs are an expense, incurred by the public in response to a specific need. - Doctor Z.

Allow me to add just six words after the word "need" if you will be so kind.

...That is either real or imaginary.

We can talk all day on if they did create jobs or not and after all there is little doubt that is a fun topic to have and all, and I do enjoy it so, but the fact remains the government can only really ever do one thing when it comes to the act of creating jobs, and that is partake in the act of compulsion.