Wednesday, August 17, 2011

The Ed Show: 8.17.11

On the Ed Show tonight, Ed is kindly pointing out to us that in TX, between 2007-10, 178k private sector jobs were lost due to "Bush's recession," while 125k "government" jobs were created thanks to the "Obama stimulus." Ed then argues that getting rid of public jobs hurt the economy. government jobs are not a benefit to society, it has no added value, there is no innovation or movement forward. It is money siphoned from one source into another. If we had 100% job growth in the government sector it would simply mean taxpayers are paying for more jobs ruled and governed by the government instead of new, market controlled and driven jobs. Innovation, risk, and private sector ingenuity drives the world of tomorrow, drives growth, and drives prosperity. Not government job growth!

"there is no such thing as a free lunch" Milton Friedman

No comments:

Post a Comment