Five Short Economics Lessons

Barack Obama and the Democratic Party seem to have fallen in love with the idea of "make work" jobs. In other words, they're going to take money from taxpayers and then use it to "create green jobs," work projects, and other marginally useful government programs. Then, to add insult to injury, these very same politicians who've taken the money out of working people's pockets will pat themselves on their backs for being compassionate enough to put people to work.

What shouldn't be missed is the other side of the equation: much of the money paid in taxes to the government would otherwise be spent, thereby creating jobs. Furthermore, since the government is less efficient than private industry and because in most cases, people are better able to fill their own needs with their own money than the government can, the "make work" job process is inherently inefficient.

For the United States to remain an economic super power, we need to have competitive businesses that employ productive workers. The American people have proven up to the task for over 200 years and will remain so as long as the government doesn't get in our way. That's why one of the worst things the government can do, particularly in a recession, is to try to create "jobs programs."

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