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Does Government Create Jobs?
"Governments are good at creating work, but they are not good at creating value-generating jobs," is the conclusion from this insightful 3-minute clip from Professor Steve Horwitz. Too often the jobs that politicians 'create' are simply to their own benefit. Critically, Horwitz explains that transitions (from agriculture to manufacturing to service to information for instance) are temporarily painful but relatively quickly re-allocated. If, however, politicians attempt to prevent this transition - to stall the free market's signals - this will halt innovation, growth, and create more poverty (ring any bells). Creating meaningful valuable jobs (something we saw earlier today is not occurring) does not appear too complex - "the best job-creation program in human history is the free market and the entrepreneurship it generates" - it simply means our politicians must get out of the way.
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not good at creating value-generating jobs
the government has machines that creat value...
THEY'RE CALLED SPEEDING CAMERA'S AND TRAJECT CONTROLS!!
Fuck you Paul Krugman!
Did i miss some news this morning on why silver is going parabolic in the space of 15 mins ???
Libertarians will use the guise of 'freedom' to justify the most savage flavors of capitalism and free market despotism. The advancement of radical free market policies and deregulation in the pursuit of ‘freedom’ has lead to the largest gap between rich and poor in history.
The advancement of radical crony market policies and deregulation in the pusuit of profits has led to the largest gap between rich and poor in history.
FIFY
Sadly, when presenting these facts to libertarians and free market ideologues the conversation rapidly deteriorates into a food-fight of childish verbal abuse and logical fallacies. What is even more disturbing is that these despicable people detest academia and its esteemed institutions. The first commandment of libertarian bigotry is to deny the credibility of respected academic institutions. That way when the social and economic consensus among the experts contradicts their believes, they can turn a blind eye.
define experts!
@MillionDollarBonus_:
Whats the difference between a king and politicians with king-like powers? The wealth gap is the biggest ever since more kingly/facist power arrived. This is what cause the biggest wealth gap; the ones that have the wealth to "spread" and the ones thats don't. Its best to have the opportunity to achieve wealth in the free markets not in DC.The difference is that politicians are democratically elected and therefore represent the will of the people. It is best for wealth to be distributed and redistributed according to the will of the people, NOT corporations.
"It is best for wealth to be distributed and redistributed according to the will of the people,NOT corporations." - Yes, and according to the current fascist regime, corporations are people!!! LMFAO!!!! Those "elected" are looking out fo the money that got them elected, not the people. You're not even trying today MDB, you can troll harder.
You can't argue with MDB. He's a bot.
Worse, he's a bot who is paid with your tax dollars to intervene on sites like this. If he had to get a real job, it would be as ballast on a ship, or as a "target" on a gun range.
@MillionDollarBonus_: When the hell does DC represent the People and not their corporate lobbyist??
Obviously, might does not make right; its a primitive doctrine.
Even Hitler was democratically elected! Maybe that should tell you something ...
He had a minority government, though, until he purged the communists and replaced them with this own people.
That would not have been enough. NSDAP had in fact already begun losing votes, and only with the help of Zentrum and the national-conservative parties Stahlhelm and DNVP he was able to reach the needed majority in the Reichstag.
MDB, normally you punch and get out. Sticking around for banter is not your style. Better stick to your knitting.
You sir, if serious, represent the lowest form of human intellect and reason and a complete waste of everyones time here. Please take your brain-washed, marxist ideals and move to Europe. Thanks.
I never understood why the gap between poor and rich is so important. I live in a decent house with 2 cars, all the food I can eat, 3 flat screen televisions, and the same opportunity to become rich as the other "rich"people. There are countless examples of your type of policies making us all equal...equally poor Detroit and California are only a couple of examples of extremes between rich and poor.
Yep, places like Cuba where everyone has "work" and everyone is equally poor is a much better system.
I like to point to Chicago, with the most stringent government imposed gun control and where everybody has a much better opportunity to be shot and to Detroit which is the consummate example of the benefits government and Democrat party policy.
Just imagine how great a place this country will be when the whole nation is just like Chicago and Detroit..
and Cuba.
I live near Chicago, we refer to it as "Moscow by the Lake". They have institionalized everything that is bad with society. Only crazy people live in Illinois.
Texas student goes on stabbing 'spree'
When gunz are outlawed...
Not everyone is equally poor in Cuba. There are some who are fabulously rich. Guess who they might be.
Some animals are more equal than others.
Politicians...
It's income tax time.
A reminder that the cost of compliance of the federal income tax is about equal to the yearly work output of the state of Indiana.
Government job creation at its finest.
jobs are an outcome of a need to produce something (product or service). capitalism and implied by the notion of capitalism free market used to be the most efficient mechanism to identify what needed to be produced in absense of full information. free markets however tend to fail from time to time and for example over produce. when that happens free markets would force contraction. however, contraction and destruction of unneeded capacity is almost illegal now - i am thinking of banks including buy side investment houses, manufacturing, a lot of service jobs (like tax accountants) etc. as examples of vastly unneeded capacity. to do that wealth has to be transferred from those who are not members of those industries. hence increasing gap between rich and poor. but the main question is not about the government but rather about an efficient form of scarce resource allocation to its most productive uses given that information now is freely and universally available. ;)
just saying.....
Damn I was reading your comment like it was serious or something.
I want my 20 seconds back.
You're such a retard. Why do you post here? You can't even keep a straight argument or validate your basic premises.
He hasn't been very funny lately either.
MDB - just what are those "savage flavors" of Capitalism?
What are "radical free market policies" which you speak of?
The Government magnified the wedge between rich and poor, and now feeds off the host (it has become a parasite of it's own) ..... merely by intervening and taking from the rich and giving to the poor (it's still thievery by the name of taxation, fees, and largely regulation) .... before the Government got involved in "re-distributing wealth", the wealth redistribution tool was called "work", and wise deployment of capital.
I am familiar with "state run societies" - particularly the Communist ones .... I love the way they "choose the wisest course" .... and inhibit innovation, creativity, and wealth creation except at the butt of a gun or at the end of a rope.
I'll have none of that please, and you can have your 'public school education system" as well.
FUCK YOU OBAMA and your dick sucking supporters
Close.
The question is wrong. Government does create jobs. The important question is: does the government create more wealth than it consumes? The answer is a resounding NO! When the gov gets ahold of fiat funding the question becomes: when does the government's net negative on the economy, which continually grows, become too big for the withering private sector to bear? The answer is impossible to answer precisely beyond a resounding SOON!
Largely the field of accounting, sociology, psychology, criminal science, propaganda, and largely law owe their existance to Government. In business this is "overhead".
Parasites don't improve the health of their hosts.
Fucking AMEN! I'd up you 1000 Sudden Debt! Yeah Steve Jobs created jobs. For a heap of Chinese! HE created wealth too. All kept overseas.
Obviously generated to create confirmation bias as he conviently leaves out the jobs created by the space program, the internet, the interstate highway system...........
What he failed to point out is you can not create wealth or jobs by shipping your manufacturing industry overseas to be performed by slave labor. They don't use automation in many Chinese factoriess because it's cheaper to use up peasants who have to quit early due to repetitive motion crippling.
A free country can not compete with a slaver country. Most especially when the free country gives the slaver country it's jobs and then while losing jobs purchases the goods made by the slaver country. Jeez like no one could see that one coming.
IN theory everything he says is correct. Theory and reality are not the same however. Greed and corruption trumps all thories.
Some FLorida cities have put liens against the homes of those who failed to pay a red light ticket. Even when the issuance of such was against the law!
That is called, wealth creation fer sure.
Today, Apple isn't much different from Microsoft in its monopolistic tendencies. Kind of similar to Carniege Steel and Standard Oil right?
All of these creates jobs and "growth", but were run by the greediest of bastards, hence real growth in prosperity for the average laborer (through better wages) was stagnant (with shitty wages).
We need compasionate and intelligent entrepeneurs if we do not want to repeat the past of booms and busts.
lockheed martin 125k employees and 95% of revenue from the govt. time to end this MIC madness
But Bill fucking Kristol, fascist stooge, says defense spending creates jobs and "stimulates" the economy. I'm so confused!
I wish Kristol and that homo Lindsay Graham would just move to fucking Israel and join the IDF..........Im tired of hearing their VILE lies
I think Kristol is also yearning for Graham's missile. Seems a little light in the loafers to me
So does war. Korea is a given.
Yes! A resounding yes! Unfortunately, these are vampire jobs that suck true wealth out of an economy. Also true of banksters.
Governments MAIN goal is to create conflict, conflict within the body citizen via race (governments only see gender and skin color) pitting sex against sex, race against race. Conflict with labor (why are there government jobs unionized? because they want it that way.) Why do they create conflict? BECAUSE THEY HOLD A MONOPOLY ON CONFLICT RESOLUTION.
End government monopolies and you end all of this bullshit.
Government run societies allow convicted criminals BACK INTO SOCIETY.
Any civilized society would expel known criminals permanently: there are seven billion people in the world, they are not needed for anything. During the bottleneck periods of human history, when the total population was a couple of thousand, sure, but now there is absolutely no reason to let them have access to the products of civilization. It's like introducing cancer cells to the resources of your body.
Disclaimer: criminal doesn't mean criminal as defined by government.
Agreed. Most financial, and half of government jobs today do not produce meaningful and necessary goods and services.
People praise their family and friends in the miltary, but not their local farmers! - Goes to show that war and "serving your country" is more important to the majority than the backbone of human survival and health.
Does that mean we should have Anarchy and no financial system what so ever!? NO.
goverment just consumes resources. Taking out the garbage and stopping rapist should be there only job.
Government is the biggest raper of them all. See -> every war in history. I believe private companies can pick up the trash at a lower cost.
There is not public trash collection where I live. My friend owns the comapny that does the collection. He also worked the back of the truck before school when he was younger. Used to come to school covered in shit and stunk. Now he's a multi-multi millionaire. 12 years ago he was offered $36M for the company. Now it's closer to 80M.
Inflation is a bitch!
Oh yeah,...lots of military-surveillance-federal agencies computer monkey "jobs"!
The only thing, that I can see, at which governments are really good, is creating criminals out of normal citizens who did'nt harm nobody ... by law ...
which as a side effect creates some jobs in jail ...
Which creates revenue for the state while competing with the private sector. And the answer, BUILD MORE FUCKING PRISONS! And do it in poor counties so Bubba can get a job in corrections paying more than he ever dreamed of as he tries to deal with prisoners smarter than he which of course means ya gots to build more prisons and hire more gaurds.
This is Demand creation. Private companies say, hey we can run prisons better/cheaper than you can. Privatize your prisons. From a captialist perspective this of course would mean less emphasis on rehabilitation as decreasing recidivism would harm profits.
And the circle tightens. But at the same time. Look at all the mini cities that grow up around the exits ramps of I-10 near rural prisons.
Jackson County in Florida use to be give us all you prisons. Now they have to compete w/ all the other rural counties that have seen the light.
Seems to me, you're onto somethin' there ...
Maybe it is possible to crush that artificially created demand ...
fair enough point, but it doesn't seem like these Mega coporations are any better at creating meaningful value-generating jobs either.
Who do you think, these governments are composed of ? ;-)
Lizard people from Omicron 6.
Might as well be at this point.
I've been to Omicron 6 once...nice people, but their music is a little weird.
Sure they are....in China
Mega corporations are devoting most of their resources to keeping the politicians happy.
Prof. Steve Horwitz, future drone target #21,025,683.
Guberment is only good for corrupting a marketplace for "social justice" [whatever that is]. It usurps and provides very little value to those who aren't gaming the system [like those on welfare]. Provides jobs? Please, you are insulting my intelligence.
http://vegasxau.blogspot.com
Not that government isn't broken, but are you forgetting roads, schools, airports, a court system for both private disputes and criminal matters, space program (think GPS), etc? I'm all for massively cutting back the role of the out of control government currently in existence, but it is equally wrong to suggest as seems to be in vogue these days among libertarian minded people that government has no value.
Sure, like government builds roads. What it does is steal from people and then outsources the building to civilian contractors at a highly inflated price. Would you ever cross a bridge built by government? I wouldn't. Have you ever been to Disneyworld? Did the roads stop at the main gates? Of course not. And using the space program (NASA) as an example of government efficiency is laughable. NASA didn't build a thing. It outsources the building of its hardware. Again, would you fly a space shuttle constructed by the same people which gave you the IRS? And public schools? Are you kidding me? Public schools are a dismal failure. Public schooling was introduced to the u.s. by people enamored with the Prussian system which turned out automatons ready for service to the state. To suggest that government is anything but parasitic is ludicrous.
Govt is a necessary evil to do certain things that we wouldn't do ourselves. Here is a good list of those things it might do:
Section 8
1: The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties,Imposts and Excises shall be uniform throughout the United States;
2: To borrow Money on the credit of the United States;
3: To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;
4: To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;
5: To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
6: To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;
7: To establish Post Offices and post Roads;
8: To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries;
9: To constitute Tribunals inferior to the supreme Court;
10: To define and punish Piracies and Felonies committed on the high Seas, and Offences against the Law of Nations;
11: To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water;
12: To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years;
13: To provide and maintain a Navy;
14: To make Rules for the Government and Regulation of the land and naval Forces;
15: To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;
16: To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the disciplineprescribed by Congress;
17: To exercise exclusive Legislation in all Cases whatsoever, over such District (not exceeding ten Miles square) as may, by Cession of particular States, and the Acceptance of Congress, become the Seat of the Government of the United States, and to exercise like Authority over all Places purchased by the Consent of the Legislature of the State in which the Same shall be, for the Erection of Forts, Magazines, Arsenals, dock-Yards, and other needful Buildings;--And
18: To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.
I am frigging completely tired of "Necessary Evil" and "Lesser of two Evils"!!!! We should submit to partial evil since 80% of the sheeple won't do what is right or prudent for themselves? It is called failure. Alot of people and institutions would fare far better long term if allowed to experience it.
Article 1, Section 8 is the worst part of the constitution. In no way does it constrain government. As an example, the power to lay and collect taxes. Where's the limitation in that little jewel? The government could tax you at a rate of 95% and that would be "constitutional" and there's not a thing you could do about it. The government can organize a militia? Are you kidding? It can't organize a budget or live within its means. It does nothing effectively. And exactly who defines an insurrection? Government. So that means that if those that ostensibly give their consent to be governed decide that they no longer wish to be lorded over by sociopaths then those sociopaths can simply declare an insurrection and dispatch their uniformed thugs to put it down.
People have to get over their worship of the constitution. It allows everything that is happening in this country today. As an example, it allows your wife and children to be groped by TSA because that is considered a "reasonable" search. It allows a central bank to create fiat money and debase the currency, pretty much codifying inflation. It permits theft by way of the 16th amendment. It permits, encourages even, a bunch of thugs and do gooders in the District of Corruption to rob your children's future by accruing massive debts to the tune of $222 Trillion if GAAP standards are applied. It permits the military industrial complex to engage in wars all over the world and profit massively from doing so.
On matters related to the constitution I'm with Lysander Spooner - "But whether the Constitution really be one thing, or another, this much is certain - that has either authorized such government as we have had, or has been powerless to prevent it. In either case it is unfit to exist."
The US Constitution was a stalking horse for the Hamiltonian branch of Federalists that wanted centralized power that the Articles of Confederation wouldn't give. It was a power grab and somewhat of a coup at the time. It was bad enough that the Bill of Rights had to be added afterward to assauge the masses. It took four score and seven years to effectively over-turn the Constitution and consolidate power from a confederation of states to THE UNITED STATES. The states were put in their place, the banksters gained their foothold, and in 1913 the remants of the Republic were skewered by the Progressive Democrat Woodrow Wilson.
The Republic died long ago.
I couldn't have said it better myself. It wasn't somewhat a coup, it was a coup. Period. And yes, it's interesting that people always talk about the Bill of Rights as a great thing. Why wasn't it part of the original document? It wasn't even an afterthought until after the horsemen delivered copies back home (you see this was before the internet) and posted them in the town square. "Uh, this is all parliamentary language. Why do I care if a president has to be a natural citizen? What about my right to speak freely. My right to keep my musket? Do I still have to shelter soldiers?"
It's a dead screed. It died with Lincoln and his war of northern aggression.
"Would you ever cross a bridge built by government? I wouldn't"
You don't cross many bridges do you.
"And using the space program (NASA) as an example of government efficiency is laughable. NASA didn't build a thing."
evidently you do not consider creativity, innovation and thinking outside of the box components of job creation either.
I would suggest you spend a little time researching the impact of the internet (govt created) and NASA their technical innovations and the impact on the economy.
At the same time cease using the interstate system. I prefer not having to dodge the local cops of every burg of the beaten path I find myself having to drive through. But then I am profiled quite often which does help keep the police and court systems busy. Glad to do my duty though.
The last time I heard there's about 700,000 "government run" bridges that are deteriorated to the point where drivers who use them are in jeopardy whenever they drive over them.
NASA didn't innovate a thing. It simply outsourced innovation to civilian contractors and then got the credit. Bell Labs, Boeing, McDonnell Douglas, those were the innovators.Who built the Mercury capsule, Gemini and Apollo? The space shuttle? It wasn't the u.s. government. SpaceX is putting cargo in space for a fraction of what NASA did it for.
The internet? The government may have created the first network but it was Bell Labs, Cisco, Netscape and a host of others that drove the innovation and expansion. Once government gets its way and fully controls it then innovation will go the way of the dodo.
But hey, keep on believing because the government needs people like you to keep their coffers full.
Dude
Re: Bridges, the house is full of obstructionists who have no desire to create the jobs that repairing the nations infrastructure would create. They prefer giving tax breaks to the wealthy. And keeping the future broke and illiterate.
Who got rich off of building roads and creating companies to take advantage of government expenditures on the Space Program and the Internet?
Oh excuse me I know what happened, Bell labs and others got together one day and said, hey lets put a man on the moon. We won't ask for government money because it will create jobs, new technologies and a better future. How fucking noble of the bastards.
Kinda like the banks. The fed/government prints money to give to the banks to loan to the people. The banks say fuck you and keep it to gamble with. lol re trickle down theory right.
And fuck we don't need no government because we have the constitution right?
And there my friend is your government, we have no legitimate government today when it sponsors "Unequal justice" under the law.
There ain't a damn thing wrong with government when the people care enough to hold it accountable. You can't hold government responsible for the ignorance, apathy and self centered greed of the people that allowed a constitutional government to become a corrupt kleptocracy.
So how about you keep on believing your drivel despite the fact it is total bullshit, contributes to diverting attention away from the real problem and demonstrates you got no clue what you are talking about.
This didn't happen overnight. It has been ongoing for decades and other than some on this board the people still have no clue. They keep blaming problems on the government. The problem ain't government, it is us! We are the fucking government.
At least at one point in time we were.
LOL! Are you kidding Roads? Schools? Space exploration...you picked a few doozies to try and point to government's value. We need the government to manage those 3 examples like a hooker needs a pimp.
Do a little research. Compute all the revenue and "good will" (corporate term ya know) generated by the internet and space program. Put it on a spread sheet and my bet is you will find the government and the people have profited quite nicely from those two programs.
Schools are a loss leader. I'm talking about schools now. Not what passes for schools where your not allowed to fail.
Now calculate the revenue and goodwill generated by the banks and the Cantor/Boner top 2% job creators and I think you will find it is corruption that has brought down the government.
Bitch about welfare if ya like but even hitler knew you had to keep the people fat and lazy if you wanted to accomplish your totalitarian goals.
Oh yeah, let me see, didn't Eisenhower think that the interstate system might be crucial to our nations defense? Wasn't he republican? How about you and your neighbors chip in and fix the nearest streatch of interstate near you?
You won't, but you will drive on the bitches.
If those were built upon a decision reached by a real community of real people gathering in some form of congress and financed on a commerical basis by those who wished to make use of them, then, yes, 'government' has value.
And value would be increased if the people who are the government said to the corporations that truck their goods on those roads you do business with communist countries, you send American jobs overseas, you keep your profits in offshore accounts you stay off OUR fucking roads!
LTER has been a troll here for a long time. Like every other statist he just wants control of the gun - THEN things will improve.
LOL man. You used to me somewhat entertaining....it's like you're not even trying anymore.
Horseshit. Your argument in a nutshell...If we free the slaves, who will pick the cotton?
How have we ever managed to get along without cotton, since the mid 19th century?
Without government, we wouldn't be forced to drive on government monopoly roads, because we wouldn't need them. Our methods of conveyance would no longer require the shitty, crumbling, government funded, fucking roads.
Schools? You mean taking 12 years to teach kids to read to the government's own standards for 5 years? Government schools are doing exactly what they are intended to do....indoctrinate obedient factory workers, and soldiers to obey authority. They might even be failing at the former goal, since McDonalds is now looking for a college degrees and experience.
Courts? They exist for the benefit of oligarchs and corporations (one of which is the government...which is also the court). How can a litigant also adjudicate? Dispassionately?
"Government is not reason, it is not eloquence, IT IS FORCE!" -- George Washington
There are two forms of Government Jobs: there are jobs "directly" created by the government, and there are seemingly private jobs created by large corporations that benefit from Government lobbying.
Both these jobs are against the "free market" enterprise.
"Free market" jobs are those created by small entrepreneurial businesses.
What large corporations call "free markets" are really free rider, crony capitalism markets. That also has to go, professor Horwitz.
But what if most of your customers at your small entrepreneurial business are all government employees or those on the dole?
Then you are a true capitalist profiting off the kleptocracy
It's so late for this discussion I can't even work up the energy. After a long series of bubbles we've now blown the grad-daddy bubble of all time- government. DotCom failed us, Real Estate failed us..... now we'll just demand our standard of living be supported by government. Good luck. I'm sure that will work out fine.
Eliminate jobs to combat poverty. Make sure and eliminate the people who had them, as well. What do the Georgia Guidestones say about population?
Sumpin' like it should be no more than half a billion ...
Your assumuption is erroneous. Engineering creates better efficiency and more resources, thus providing for more people with less labor by humanity.
Leadership creates jobs. We haven't had real leadership in a generation. What we do have is politicians and CEO's with the moral courage of a used kleenix. Pity.
Governments certainly are uanble to create jobs but what about creating fake statistics. Did nobody notice that Q1 GDP for France and UK is officially expected to be +0.1%, thus JUST avoiding recession, wow, that was close!
Without the BLS manipulated inflation rate as the adjusment to GDP in the US.0.1%
would be an improvement on the reality on the ground here in the States.
We haven't seen massaged figures like than since Enron or Bernie Maddoff.
government does create jobs and it can also create productive jobs and also without destroying jobs in the private sector.
free market fundamentalists can not possibly grasp it
if someone disagree then let's start with defining what is free market
Guess what, ZHers? The trend of GDP/total credit market debt for the last 40 years or so suggests the private sector ain't so good at creating lots of "value-generating" jobs, either.
Or, look at NF employment for 1970, 1980, 1990, 2000, and 2010. See a trend?
Why would you look at an equation by the BLS? It considers Gub'ment spending as a plus, not the actual DRAIN it is.
Well Hells Bells! Did anyone consider the Triffin Dilemma of the world reserve currency standard? As much as the dollar is a fiat piece of IOU nothing, because of its use in international trade it is more valuable than it normally would be. That makes our jobs more expensive. It also makes imports cheaper. When the world turns its back on being screwed by Uncle Sams IOU's, those dollars are going to be worth a lot less because there are trillions and trillions of them out there and Uncle Ben and Comrade Obama are creating them like there is no tomorrow. Exporting your manufacturing base only works for a little while as long as you can force foreign countries to use your phony baloney currency for their real goods. This Triffin Dilemma will be resolved one way or the other.
Peter Schiff would concur.
I know loads about creating jobs me.
If the government gives me £2 million a year and me own department with a good looking wench on reception, I will heartly give my vast pools of knowledge away.
The key is you have to first claim membership as part of the victim class. You really have to give them a sob story, first class melodrama. If you're a black, gay, jew whose parents beat him with a crack pipe while listening to Rick James and Freddie Goes to Hollywood but you managed to keep hope by supporting yourself with your fingerpainting and macaroni pictures describing your inner emotional turmoils you'll have a start.
Sure government can create jobs....look at how many jobs the created by knocking down a couple buildings with airplanes. Hell the second derivative police state driven by fear is still paying dividends in the job creation catagory. I just love the TSA airport gropings...it sure beats having to "adjust" when there are so many cameras around.
eliminate viacom icing 1:23
The governmentt doesn't create jobs is one of the stupidist memes I've heard from the delusional free market utopiast in a while. The government creates tons of jobs and usually pays them better than their free market counterparts.
I live in a military town and the whole economy is basically government cheeze. I think the real problem is not so much big government, but big populations all enslaved to currency to eat and live and continuing increases in automation and production.
""the best job-creation program in human history is the free market and the entrepreneurship it generates""
This is nothing but pinstripe wearing clap trap
Ahhh another gubberment sleezeball who thrives off of the killing of innocent civilians all in the name of "spreading democracy around the world".
Emm, No, I work for a small entrepreneurial business that pays me shit wages and offers no bennies. It's a liquore store.
Maybe you should try and get away from places like liquor stores. I can't think of a more depressing place to be day in and day out. Being surrounded by alcoholics would bum anyone out.
It's actually one of the better jobs I've ever had and I'm lucky to have it. It's looking bad out there for my age group.
Well I hope things go well for you in the future. Nothing last forever and that includes the good times and perhaps more importantly the bad times as well. As the Chinese sages used to say, "And this too shall pass....". Life is hard to predict and you never know when things might suddenly change for the better. So it's best to keep an open mind as to how things might play out.
Have a good one.
See what happens to Army towns when the government goes broke:
http://englishrussia.com/2006/09/05/an-abandoned-city/
If you're indeed working at the source, start stacking liquor STAT!
really. A lot of gold will be spent to get liqour.
What free market is that? I'm 71 and I've never seen one. While we dearly live to rant about government, it seems to me every group that can create a lobby (bribery to me) has access to a subsidy (welfare to me). Farmers certainly haven't ever had a free market. Real estate is not a free market. All corporations stand at the government trough. Wall Street sure as hell stands at the trough. Web sites, such as this one, rarel,y if ever, take on the massive corrupt war machine or the infinitely corrupt health care system. My opinion is everyone stands at the government trough. All you pissers and moaners are, most certainly, standing there through a complex system of subsidies, kick backs, tax write offs and all the rest. We whine, we cry, we blame and joyfully take "our" check. We deserve it. We work hard, we rant hard, we deserve our bit of the trough.
So lets have a free market. All subsidies, all tax breaks, all of it disappears. Gone!! Get out there and compete!! Climate diasters? Tough shit. Your problem! Don't come crying to me to save your crying ass. No writing off that "business" dinner, that convention in Hawaii, that vacation house you carefully have clients to the require amount to make it a write off and all the rest of the absolutely incredible amount of money that flows ever upward. That 300 million dollar airplane to chase terroists in Toyotas, cancel it!! That useless base that feeds your home town, close it! That bridge you want built, stuff it!! That taxpayer subsidized airport, to hell with it. Build it yourselves. Lets have a truly free market. Not infinite well of taxpayer money flowing to every little pork barrel project.
I like how you think, old timer! I'm getting all misty just thinking of the wonderful shit-storm that would create. Could you imagine the protests and the crying, wailing and gnashing of teeth? Sweet music.
There will never be a free market...nor will there ever be a truly socialistic society. There will always be corruption bastardizing whatever "ism" a society tries to base it's economic platform on.
Don't be so discouraged, dear Dr. We shall be free
http://www.youtube.com/watch?v=JOdCGPxb9jw&list=PLO-SxYITLHdDtzLdKCqfKA-...
:-)
Dr Paul says it best- The land of the free and brave- Most americans are not brave enough to be truly free and they are becoming more pussified every day
There is insurance for disasters. Ask victims of any hurricanes in the last decade if they were pleased with the government response. And, yes, if you live below sea level in a hurricane zone, or on the side of a volcano, it is YOUR PROBLEM.
and you would end up with a small group of people owning and hoarding all the resources of the planet leaving everybody else to starve to death in the streets.
So do not confuse free market with laissez-fair
Wisdom of the ages.
Definitely not Steve Jobs. If they had, the iPod would have been in the shape of a rhombus and been powered by hamsters.
These videos aren't too bad, I'm actually pleased that they're proliferating through the masses.
Key elements are to keep it simple and use images to make a basic logical argument.
The problem is that the masses need emotion. They crave it.
So it's my personal reccomendation that these videos include images of heinous atrocities committed by the regimes of the Soviet Union, cultural revolution China, and North Korea. Really drive home what happens when free market principles and individual rights aren't protected. Make it visceral. And then present them with the light.
That's all, good day.
Unfortunately cartoonish images of violence are more likely to resonate than actual images of violence. But at least the concept and the connections are what matter.
Governor Martin O'Malley (D-Maryland; and could be your next president) said on the radio last night that "one of the primary functions of government is to create jobs."
Sick. Where do these elitests get their mentality? Oh, wait...
W74,
Yeah I live in California East too! Soon to pay a SWM tax on top of the already septic tax. Death by a thousand cuts(taxes). I turned in all my personalized plates when the assholes raised the cost to $100 each registration and for renewals too.
Retiring in WV - f--k MD.
I'm hoping to live in VA, PA, WV or DE. Doesn't really matter as long as I'm not taxed to death, but I love my region. Hell I love the state I grew up in (and of course we have the coolest flag of all) but it simply isn't the land I grew up in as a child. The only thing really keeping me close is that my wife needs to be around to take care of her now elderly parents (she's a nurse, and unfortunately her folks had kids late in life, but I wish they had more because they're really good, intelligent, conservative minded people), but other than that we'd be gone.
"free markets" is the wrong analogy..leaving people alone to spend what they earn as they see fit is a better one.. in other words"let me be the judge of where i spend my money, NOT YOU"
within a welfare mobocracy the majority of tax is theft (by the government) as are most benefits and subsidies (by those receiving them) - a government that taxes people in a manner that does not act for the greater good is stealing - the recipient of benefits or subsidies who knows that they are not entitled to the benefits or would not be viable without a subsidy is a thief - same goes for the FIRE sector that charges an excess when it know it is in a cartel, offering zero differentiation but chargin a premium price.
however, if i choose to spend 500,000 on a fast car, rahter than 500,000 on relatives who sit in front of the tv on their loathsome spotty behind squeezing blackheads..OR...vice versa..that is MY CHOICE..not the choice of a government elected in a mobocracy.
the USA was founded as a republic for a good reason. mobocracies spend other peoples money, until they run out.
Depends on what your definition of "job" is.
Creates jobs, not value.
Government is overhead for the nominally free society that should be minimized with strong control loops.
It's an entertaining academic exercise now. The Plutocracy subverted anything resembling free markets or democracy long ago. Bureaucracy is the stasis between the masses and the elites.
When the citizenry lose contact with their history and reject objective fact, the end is near. War is the only function that remains. America will reprise the role of the Nazis in WW3 and many will welcome that. Border fences will be erected to keep people in.
Great News:
Margaret Thatcher, Ronald Reagan and Milton Friedman are dead !
they are now in Hell with that village Idiot Milton Friedman.
no doubt, others will soon follow them into oblivion.
Margaret Thatcher was a fascist racist bitch, who should have been euthanized
a long time ago with all the rest of those tory neo-con village idiots,
who have been sucking the blood out of the world economy for years now.
They sold off every asset they could get their hands on and destroyed manufacturing Jobs
and basically bankrupted the country with their Idiot free market economy bullshit.
They needed world-wars to get the country out of a severe depression,
but this time most people have woken up to that tory Milton Friedman bullshit.
You privatize assets, sell them off to Hedgefunds who take over your essential services and infrastructure
and then use blackmail and extortion to hike up costs and pump and dump those assets on financial markets,
loading them up with so much Debt that they become virtually worthless.
That is what Milton Friedmans Ideas have brought us and Ronald Reagan, the Movie-actor
and Margaret Thatcher, the Idiot working class Housewife who wanted to be like Reagan
and a rightwing racist Tory, they are fucked now, and dead and I many people are very happy
about that fact.
So go to Hell Margaret Thatcher and all those Village Idiots that still think
that London is the financial Centre of Europe,
when in fact London has nothing left except its derivatives financial services.
All production and manufacturing is in Germany.
Tne Financial Centre of Europe should be in Frankfurth,
since England is now totally fucked,
due to Margaret Thatcher and Ronald Reagan, and Milton Friedman.
long may they rot in Hell...
wr;)
1. "Margaret Thatcher was a fascist racist bitch"
She protected her Homeland for as long as she could. Now look at Britain. How are those 'no-go' zones working out?
2. "That is what Milton Friedmans Ideas have brought us"
Except everything you described above now uses PUBLIC money and PUBLIC INSURANCE to back up the risk while profits remain private. If the market were private through and through no one would take on those risks and, thus, there'd be no one to sell to in the first place.
3. "Tne Financial Centre of Europe should be in Frankfurth"
Yes, I believe we already had this at one point in history. If memory serves this is the city from which all the wars of the late middle ages and early modern age were financed. I wonder WHO had anything to do with that, especially those who funded both sides of every conflict and then picked up the debt pieces afterwards, fucking over the citizenry after the slaughter of able young men.
they were actually financed out of London,
if you still can remember ?
I wasn't born then, but you probably were right in the middle of it.
according to your idiotic response above.
of course you know I am right,
England as a country is bankrupt,
totally fucked up due to that old slut Margaret Thatcher
sucking up to that senile Village Idiot Ronald Reagan,
sponsored by the mad idiot delusions of Milton Friedman
and Tory fucks like David Cameron.
Of course Europes financial Center should be in Germany.
We got the Jobs, we got the money and the resources
and that's where the power is.
England has got no Euro, because they want to keep printing more pounds....
Perhaps it might be a good Idea for you to learn to speak German ?
and broaden your horizon a little ?
you might have to ask us for a bailout some time soon, again...
or some more "reparations and rebates " ?
fuck you !
wr;)
do you even know how to wipe your arse?
Sure the government creats jobs, but the net economic growth from government expenditure probably has a multiplier effect of between 0.8 and .97, but never really over 1.0. A good case, a major highway or bridge that is really needed gets funded and built by the Gov't, The gov took taxes or fees to pay for the project from the society, administered and had a contractor build it. Finally, the society benefits when complete. Although very needed the inefficiencly of government procurement does not in itself cause economic growth larger than the cost of the project. Meanwhile some solar investment companies have their government funds totally wasted.
Private buisnesses generally pursue projects that have growth with them, or they don't get done. Most make a positive return of investment, called profit.
With O in place we have shifted the Fed Gov't from around 21% to 25% of the economy, if Government expenditures really created jobs at the rate of private we should see employment returning. However, this economy has the slowest growth rates ever in a recovery. Well we took 5% of our economy offline, added a big share of govt cost to the rest trying to make it go. We ended up with 2 to 3% lower growth than is expected. We have done the full scale experiment and found that Gov't expenditures are less efficient than Private.
Govt institutes policy that promotes or denies job creation.
For instance, if there was a huge import tax levied
If commercial and industrial land restrictions were more lax
and
If minimum wages were decreased
and
If payroll taxes were lowered
You would have 100% employement.
Its better to have 100,000 people employed for 5$ an hour than 10,000 people employed for 9$ an hour and 90,000 people on the govt hand-outs, because the govt makes waste while transfering the taxes from the 9$ an hour employees to the 90,000 in forms of services (health care/welfare/foodstamps) not to mention that the govt usually has to go into debt to fund its broken promisses
what if food costs are such that you absolutely need $9 an hour ?
you could reduce minimum wage to $5 but you would end up with ~50,000 dead
yeah that is invisible free-market hand at work
People do die you know. Sometimes, rarely, but it happens, even parents and/or care takers/guardians murder children in their care. These are bad things. But it happens.
I tend to think a world wherein people, if they are extremely poor, and have no means of improving their lot, they would be better dead rather than voting in politicians who take wealth by force and make life easier for the poor to procreate and make more poor who procreate, etc. The first one to skim off the top is the politician and his friends who vote him into office, his cronies.
Another excellent example Michael Scheuer rails about frequently: We paid Hillary Clinton and her ilk to travel the mid east telling/ordering Islamic peoples they must under threat of attack by the USA, change their sexist Islamist ways to "equality" for women. This is like trying to order a Rabbi to not believe you are stupid worthless non-human piece of shite mongrel "goyim,", which to him you are and always must be for eternity. It's utterly stupid and causes only hatered for American interests among 1.5B Muslims. You have nothing but pain in forcing people who like only chocolate to eat vanilla. Especially when you do it by force.
Birth right citizenship is purely wrong, obviously to me anyway.
I tend to think it makes more sense for people with means to help those they know personally they feel are worthy of help. That such a system is infinitely better than stealing wealth to give to those that can't or won't improve their lot.
Government does not create long term jobs. If anything government is a destroyer of jobs as has happened in the US.
For Globalist Political reasons and under the stealth definition of "trade" western governments have destroyed their labor base by making labor a commodity. In the US, "jobs" have not only faced the creative destruction of jobs lost through technology and competition changes, but also through the job destroying policies of the government. Through its trade policies, the government has willingly sacrificed millions of jobs first to Japan, then China and the BRICS. Simultaneously, almost an open immigration policy has allowed the illigal crossing of our borders, by millions of foreign workers, so that undocumented labor could compete with those newly unemployed CITIZENS in our country.
If you were to look at world trade from the late 1970's you would see a systemic effort to move jobs out of the US and into Asia. WHY? Every administration since Nixon visited China, has been hell bent on negotiating "trade" treaties. The American "worker" other than certain protected industries has not benefited from this.
Does Government Create Jobs?
If you consider war work then yes the US goverment creates jobs. They create nothing more than wars and debt beyond that they are worthless.
Well concerning Bill Clinton and also the Secret Service, the government creates jobs - blow jobs....
I believe that qualifies as short term. Just think if Bill was still in DC, he'd be getting blown by Lindsey Graham today
If government can print money and create jobs, why do we have to pay income tax?
you don't really have to pay Income Tax -
just open up a MF Global bank account or buy bitcoins -
or become a politician or a drug-dealer or an arms-dealer -
or move to Israel - that way you get even an occupied block of Palestinian Land.
there are plenty of great Jobs like this in our free market globalisation plan
free market means:
No Income Tax !
Its free !
wr;)
Control
are you blind ?
of course Governments create Jobs !
Jobs that pay top dollar with all the perks expenses paid.
Governments create plenty of Jobs -
for themselves and their cronies !
most Governments tend to do that.
name just one Government that does not bleed its people ?
wr;)
It's the wrong question. Of course government can create jobs. It can create jobs for everyone. 0% unemployment. Easy.
That is not the point.
The question and the point is are the jobs doing things that people really want? You want 300 million Americans making wicker baskets all day? No problem, get Krugman & Bernanke out and spend some money to make jobs producing wicker baskets. You'll end up with billions upon billions of baskets...
And mass starvation.
The point is producing jobs and services that people want and need. How do you do that? You ask them to pay for them. They'll allocate their resources according to their wants and needs. Not yours or Krugman's or Bernanke's or Obama's or some other bureaucrat's.
Personal choice is always pull, vs the bureaucrat's push.
I hate the way they film these things. Can't you just film his fatass above the waist? It's irritating being stared at by a center screen foopa when I'm trying to watch economics.
The government hires mercenary contractors that pay their mercenaries a starting salary between $150k to $180k. The government also continually builds new facilities for spying on the American people, storing their data and holding them in confinement. Who says that isn't productive? And now we know that the government is increasing employment by purchasing massive amount of weapons and ammunition for domestic use. How can that be bad? Drone factories are running overtime ... it's paradise.
One major item was omitted. When he mentions that farming mechanizaiton minimized required human labor and cost while increasing food production: the "cost" factor is extremely skewed downward. No less an authority than Jon Huntsman ex-gov of Utah stated the real cost for fuel is about triple the pump cost in military excursions, actual wars, and health costs. All these items the public pays in taxes. So food costs are actually much higher than the cash register shows. Besides fuel to run farm machines there is also energy costs for processing plants.
Federal Government and Central Planning can't do a damn thing right. It needs to be abolished and replaced with open source software. Then State governments need to be downsized into smaller workable systems that are governed by a Swiss type constitution. And everybody needs a F'kn gun.
@Moron:
Really? When labor cannot find work it is scarce? This nonsense unravels the entire argument.
Workers are replaced by cheap BTUs ... cheap because they are purposefully mispriced. Labor is unnecessary, work is done by robots -- an assembly line is a form of automation -- wages are replaced by bank loans, productive business is replaced by finance market speculation and cheating. At the end of the day all that remains is theft ... the boot to the face.
Until the cheap energy runs out, that is ... then it's game over, dudes.
Menace lurks in the organizations that use the words 'liberty' or 'freedom' in their names, just like those who use 'National' and 'Socialist', 'Peoples' and 'Democratic' ... 'Popular' or 'Revolutionary' in theirs. These groups are uniformly evil, anti-human and autocratic, murderous and tyrannical. Their very names are lies ....
The video goes to show that Engineering is the true driver of economic growth, while shrinking demand for jobs of the past. Thank you Professor Steve Horwitz! :D
As of 2008 there are 4130 economists working directly for the US Govt.
Anyone want to explain their 'value' to the economy?
Have they made you richer or poorer from their 'jobs'?
Hint: They make more money than you.
Government cannot even create jobs
All it can do is take money from one person and give it to another.