President Obama has just announced a “Job Summit” this December to address the continued bleeding of private sector jobs. Don’t get me wrong, talking about the job losses is fine, but we have been shedding millions of jobs since we passed the federal “stimulus” bill, that promised to “save” or create three million new jobs. Who is buying this garbage? We can talk until we are blue in the face but the answer sits right in front of us.
If the federal government wants to help the private sector to create jobs all they need to do is stop stealing the capital needed to grow business. Every dollar in taxes that is taken from both individuals and businesses is one less dollar to invest in the private sector. Not to get complicated but when a private individual invests a dollar back into the economy, a dollars worth of capital is created in industries that people are freely willing to invest in. When the federal government takes our tax dollars and says it’s going to “invest” in industries they think should be propped up (usually politically connected businesses) they destroy the value of that dollar by paying unneeded bureaucrats and throwing money down the drain of businesses that the private sector has already punished for being inefficient. That is why they are begging for the bailouts.
Small business people need confidence, capital, free market competition, and reasonable rules to get back on track. The healthcare bill, cap and trade, and a number of the bills being discussed will continue to reduce free market capitalism, therefore reducing or limiting job growth. The federal “job summit” should be focused on one theme; reducing government “help”. Because as our great president Ronald Reagan told us; “nine of the scariest words in the English language are: I’m with the government and I’m here to help.” He also added; “The best minds are not in government. If any were, business would hire them away.” The point being, government is not about business, government should be focused on learning the constitution and applying it. That would be nice.
So if you are waiting for a job to result from this summit; please don’t. Support campaigns like mine that will focus on reducing government “help” and focusing on the constitution and applying it in government. Let’s come together and have business do what it does best and the only way they can do that is to apply the government limitations that are found in the U.S. Constitution…