Then Who Does Create Jobs? - The American Spectator | USA News and Politics
Then Who Does Create Jobs?

In a speech yesterday, President Obama gave a nice nod to reality: 

And we were guided by a simple idea: Government doesn’t have all the answers. Ultimately, government doesn’t create all the jobs. Government can’t guarantee growth by itself.

Needless to say, even this merest acknowledgement of the limits of the state, couched in a longer defense of indefensible government programs, has left certain liberals feeling a little betrayed. But the president is right. 

So where do jobs come from, if not the government? Tim Kane has published a study (pdf) showing that the answer is, more or less, start-ups. 

A relatively new dataset from the U.S. government called Business Dynamics Statistics (BDS) confirms that startups aren’t everything when it comes to job growth. They’re the only thing.

Kane offers this graphical evidence: 

Sign up to receive our latest updates! Register

By submitting this form, you are consenting to receive marketing emails from: The American Spectator, 122 S Royal Street, Alexandria, VA, 22314, You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Be a Free Market Loving Patriot. Subscribe Today!