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	Name:	roswellric -
	Subject:	This will please no one...
	Date:	3/13/2012 6:35:03 AM

For those of you that have access to Barron's there is a great article on "Where jobs really come from".

Without reprinting it here the essence of the article is to point out that Presidents and elected representatives don't create jobs. They just rearrange jobs through tax policies and selecting cronies to receive largess taken from the taxpayers.

On the other hand "private equity" firms don't creat jobs either. They rearrange jobs in the marketplace by moving capital from inefficient operations to efficient ones.

The question is answered in a study sponsored by Apple: New ideas and new products. Apple added over 500,000 permanent jobs in the US. I don't think the real permanent jobs created by the stimulus or Bain Capital combined are near that.

What we need in this election is leadership that will encourage an atmosphere where new ideas that actually work will flourish and the ideas that illicit schemers come up with fail quickly without burning up precious capital regardless whether it comes from the taxpayers (in the Democrats playbook) or the private sector (in the Republicans playbook).

URL: The Greek Fiasco and "Fruit of the Golden Tree"

Other messages in this thread:

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This will please no one... - roswellric - 3/13/2012 6:35:03 AM

Thanks RR - Feb - 3/13/2012 8:35:25 AM

Thanks RR - roswellric - 3/13/2012 9:12:22 AM

This will please no one... - Talullahhound - 3/13/2012 9:38:37 AM

This will please no one... - architect - 3/13/2012 6:19:57 PM

anti-science bias of the evangelical crowd? - roswellric - 3/16/2012 9:57:39 AM

anti-science bias of the evangelical crowd? - architect - 3/16/2012 11:39:46 PM

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