Monday, September 5, 2011

How to Create Jobs

Instead of attacking corporations in an attempt to get them to create jobs (as some union thugs have apparently suggested), which won't work, a better idea would be to minimize the impact of regulations and cut spending (to reduce uncertainty and the debt).  

Watching the US economy is like watching a slowly dying animal that is in agony.  The humane thing to do, in that case, would be to kill the animal to put it out of its misery.  Similarly, people in the US are suffering because of the economy.  For these people, the humane thing to do would be to get the recession over with so economic expansion can resume (and preferably not a "bubble" (i.e. artificial economic expansion)).  

When Obama gives his speech on the subject (which is on the 8th, I think), I am guessing his plan will not involve any of what I have said above. 

After I study economics a bit, I will write a post with a detailed plan for the US economic situation (I promise, I think).   

2 comments:

  1. Good post, Naamloos. If I may suggest, you ought to visit Thomas Sowell's site or read any of his postings at Townhall.com. Sowell is a highly respected economist and puts into simple terms with historical facts why free market principles work and why socialism and Obamanomics do not.

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  2. Thank you. Sorry for my very late response. I will certainly visit his site, thanks for the suggestion.

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