Today President Obama said, “The economic growth that we’ve seen has not yet lead to the job growth that we desperately need.” How can you have economic growth without job growth? Only a politician or economist would say this. The reality and truth is that government spending and taxes only hurt job growth and drive all the good private sector jobs outside of the US. I currently live and work in Chile. My standard of living is higher here. I have one of those outsourced jobs that used to be located in the US. Sure I make less money, but I pay less taxes and the cost of living is much lower. My net is actually higher. When will koolaid drinkers start figuring out that the bigger and more involved government becomes, the more jobs are created for bureaucrats and government workers who produce nothing that you or I consume. This in turn drives up the cost of manufacturing and building things because the private sector has the pay for the largesse of the public sector. Take a look at government worker benefits. Retirement after 20 years. Secure jobs. Do you see that anywhere in the private sector? No, but the private sector has to pay for it. The only way that businesses can do business is by outsourcing jobs. The koolaid is strong folks among the true believers in Obama.
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