Why are there are no jobs forth coming? Why has the ‘recovery’ been jobless? It all can be traced to the top: The collectivist ideology of the President and his administration, his surrounding interest groups, and his economic advisors.
Socialism/Collectivism: The President and his administration mistakenly believe that the Government can create jobs. This is false. The PRIVATE SECTOR and PRIVATE CITIZENS create businesses that create jobs. The Government can only do a couple of two things. It can create Government jobs and it can remove or minimize the barriers of tax and regulations to unleash business growth and the American entrepreneurial spirit. Obama understands none of this because he lacks wisdom about human nature and what works. Instead, he uses old, disproven socialist dogmas that the Government can centrally run the economy- that spending tax dollars taken from a productive group to buy the allegiance of a non-productive group will somehow stimulate the economy. He has apparently projected his view of the uneducated, unskilled that he plied with tax dollars as a community organizer onto the country and economy as a whole. He does not understand regular Americans or how the private sector drives the economy.
Green ‘Jobs’: He is beholden to the idea that unsustainable wind mills and solar cells will create a green ‘industry’ that create untold ‘green’ jobs and boundless energy to boot. I am an environmental science major. I wish this could be true. The evidence thus far is that no green technology has been innovated yet that is cheap enough, productive, stable, or consistent enough to produce anything substantial in the free market. Thus far is an abject failure. Without Government subsidies, all these ‘businesses’ grind to a complete halt. The ‘green industry’ is a total sham. Until the Government gets out of the way and private citizens innovate something that regular people want to buy or use instead of affordable, consistent, and sustainable fossil fuels, it’s an idea before its time (and they can be out-sourced, too).
Unions: The President is beholden to Unions as an interest group. Everything they stand for is anti-business. It’s almost childish in nature the way Unions argue their case for artifical, unsustainable wages for labor in an otherwise free market. Then they are baffled when they destroy industry after industry. This is an easily seen historical fact. Unions destroy more jobs than they ‘save’. They create nothing.
Failed Keynesian Economic Theory: Bush was also involved with allowing economic advisors to push this, but Obama has now applied this failed approach on a much bigger and damaging scale. Spending money (our money) to ‘stimulate’ the economic spending of people and businesses is like treating the symptoms of a disease and not the cause. Once the money cycles through the economy, it’s gone. No business owner is going to hire more people and risk money to expand based on short term political spending. Here we are the better part of a year later and only 25% or so has been spent and joblessness has only gotten worse. Business growth is spurred by things business owners can objectively count on like paying less tax so the cost and burden on working harder is less and they have a better chance of succeeding.
I won’t even get into how the collectivization and destruction of the health care market via Government take over, a huge future carbon tax, and the general socialist attitude of the Government is depressing any business growth or risk taking. If I were I big or small business investor, I would be sitting on my hands, too. I would be waiting to see what radical and non-free market ‘change’ (seizure/destruction) this administration will ram down our throats. The majority of Americans are beginning to wake up to the lack of wisdom and lack of American values and ideals they share with Obama and his collectivism. Unfortunately, we will have to suffer more economically until they figure out how jobs are really created or are voted out of office.