Monday, January 12, 2009


I got to thinking about all this "Government creating jobs" talk. Ever have a thought get distilled in your head to its essence?

Yeah, well here goes:

The only source of government money is taxpayers. That is the only source of government money outside of the printing press, and even that amounts to a tax on the private sector.

The only jobs government can create are government jobs. To do this, it has to take money from taxpayers. This basically means business owners, since contrary to popular belief, the rich pay the vast majority of the taxes in this country (if you don't believe me, go check out the IRS's web site).

When you take more money from business to create government jobs, business can afford to fund fewer jobs for itself. Government gets bigger, private sector growth is stiffled. Tax revenues fall (or at best, do not grow). Government needs more money for said jobs. It can only get it from taxes. And so on, and so on, and so on.

Barack Obama's going to create more jobs. That's the promise.

Do people wonder why "Atlas Shrugged" is flying off the shelves these days?

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