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Freedom Watch

Job Creation Is No Mystery

Time to put freedom back to work.

(Page 2 of 2)

Imagine doing that across all sectors of the economy. That’s what Republicans are proposing to do. The fact that the president doesn’t recognize this as a jobs plan leads me to conclude that he simply doesn’t understand basic economics.

When Ronald Reagan inherited an even worse economy from Jimmy Carter, he reduced the tax and regulatory burdens that were crushing the economy — just as Republicans propose to do today.

Indeed, according to a recent article in the Wall Street Journal, if the economy under Obama had tracked the Reagan recovery, 15.7 million more Americans would be working today, and per capita income would be $4,000 higher than it is today. It’s time we put freedom back to work. 

Page:   12

About the Author

Tom McClintock is a Republican U.S. representative from California.

Letter to the Editor View all comments (15) |

al222| 12.13.11 @ 10:12AM

Dream on. Almost half the country wants something for nothing. Obama and Democrats are determined to drive that number to 51%. The 2012 election will tell us everything we need to know.

RonRonDoRon| 12.13.11 @ 2:49PM

As Huey Long said: "If you're not getting something for nothing, you're not getting your fair share!"

PCC| 12.13.11 @ 7:46PM

Huey Long, pace Randy Newman:

"Every man a king, every man a king,
For you can be a millionnaire.
If there's something belonging to others,
There's enough for all people to share."

"When it's sunny blue, and December, too,
In the wintertime or spring,
There'll be peace without end,
Every neigbor a friend,
And every man a king."

Alan Brooks| 1.29.12 @ 9:48PM

What are you worried about? when Newt is president plenty of jobs will be available to colonize the Moon.

When that runs out, then there's Mars.

Alan Brooks| 1.29.12 @ 9:49PM

Then Jupiter, Saturn, Uranus, Neptune...

JayDick| 12.13.11 @ 10:24AM

Our experience tells us that, in addition to the measures outlined in the article, restrained government spending helps economic growth. It seems that government spending is largely unproductive; it does nothing to lead to economic efficiency or growth and in fact often has the opposite effect. Private spending, on the other hand mostly does lead to economic efficiency and growth.

The Republican Presidential nominee needs to explain this and convince the electorate that government spending must be reduced for the economy to grow and produce permanent jobs.

TrueBlue| 12.13.11 @ 4:24PM

That's because in order for the government to spend money, it first has to take it out of the private sector. Then a portion of that money gets used to pay the employees of whatever agency is used to distribute the funds before it goes toward even remotely considered the economy, so you end up with less than a dollar going back out. How anyone thinks this helps the economy is beyond me.

Why are people so willing to trust the government will spend the money correctly when it is $15 Trillion in debt?!

rhoetus| 12.30.11 @ 7:05PM

It's like sucking all the oxygen out of the room. No wonder the economy is short of breath.

Kingofthenet| 12.13.11 @ 3:03PM

Your right, time to put that Lazy Freedom back to work and remind the punk that 'Freedom isn't free'.

Lost| 12.13.11 @ 4:12PM

Just like to point out that to put $1 back into the economy from the government requires at least $3 to be taken out first. Government spending is always a loss and never breaks even.

POST American| 12.13.11 @ 10:16PM

---FREE ENTERPRISE and NOT
more CAPIT--SO--SHELL--ism or
CAPIT--MARKS--ism is what's needed.

URGENTLY needed.

Ivan Ivanovich| 12.14.11 @ 7:13AM

Yes, I agree with Lost; It takes a lot more than $1 to provide $1 in private wages. For the government to provide that $1 they have to take $.30 for EPA, $.30 for HUD, $.30 for IRS, $.30 for TARP, and so on and so on up to $15,000,000,000,000 and growing.

rhoetus| 12.30.11 @ 6:15PM

Vote buying gave us the $15 Trillion national debt and unsustainable unfunded mandates in Social Security and Medicare. Don't let the AARP determine the issues. Vote for Ron Paul.

jim batiste| 2.8.12 @ 12:03AM

Hey Tom. I like what you have to say and agree with most of it. How come no one has tried this kind of strategy? http://merchantcashadvanceindu.....at-a-time/

For every additional cent a restaurant earns in revenue, 1 new job is created. Congress should spend time inspiring the private sector not legislating it!

seo expert in india | 2.29.12 @ 11:47PM

I read this blog , thanks for sharing the nice blog.

More Articles From Freedom Watch

http://spectator.org/archives/2011/12/13/job-creation-is-no-mystery

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