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Hillary Clinton: "Businesses Don't Create Jobs" – Why She's Never Been More Wrong
Narcissism in politics is nothing new, but it is absolutely disgusting and scary that this person is a hero in the minds of millions of Americans.
“Businesses don’t create jobs,” according to Hillary Clinton. Apparently she missed the entire 1990s when private businesses created over 20 million jobs during her husband’s two terms in office.
In her mind, she clearly credits herself, her husband and the government for those years, when in reality, they walked into the greatest communications revolution since the telephone. And even then, they couldn’t balance the federal budget as tax dollars flooded in from all the new jobs that businesses were creating.
I know that the media claims President Clinton balanced the budget, but the truth is it never happened. The Boskin Commission changed the inflation calculation for the BLS, ripping off our senior citizens and turning their annual cost of living increase into an annual cost of survival rate. The Clinton Administration also made budget projections using short-term interest rates instead of long-term.
Hillary’s wrong on the idea that government creates jobs – the government destroys jobs.
1. Government Borrowing
All government borrowing hurts the real economy. Like a drug, it can have some short-term effects that are perceived as positive, but in the long run, this misallocation of capital hurts our chances of having a sustainable economy based on real supply and demand.
Every dollar loaned to the government is not invested in business, not loaned to the private industry, and is taken out of the economy and redirected by a central planner.
2. Taxes
The government raises its capital by putting a gun to its citizens’ heads; pay taxes or go to jail. This means taking money from our wallets, meaning we buy less, reducing the capital citizens have to spend, invest and save.
3. Central Banks Print
This is inflationary. In a real economy, prices go down; however, since the politicians use inflation as a stealth tax, our central planners are hell-bent on pushing the inflation rate up. Inflation is how the government is able to raise your taxes without getting any real backlash from voters. If prices go up and the tax rate stays the same, the government is making more money.
This hurts the everyday Americans; especially those on fixed income, as they make the same amount of money but everything around them is higher.
4. Spending
Government spending creates distortions in our economy and makes it completely dysfunctional. The best example of this is in our housing market. 2008 was the result of government programs and artificially low interest rates. The 3-decade loan, Fannie and Freddie, artificially low interest rates, FHA, the Community Reinvestment Act, and pushing the banks to loan money to subprime borrowers. Wall Street gorged themselves on all of this stupidity coming from government spending, but when the time came to pay for their mistakes, our government rewarded their behavior with bailouts.
5. Government Programs
Again, using the money they stole from others. Governments love to create indentured servant programs, food stamps, college aid, welfare and corporatism.
Food stamps are completely unnecessary. Please show me where 1 American starved to death or a town that suffered from mass hunger in U.S. history. By taking away the responsibility of feeding yourself, the government has created a cesspool of fraud, with the biggest supporters of SNAP being Coca-Cola, Frito Lay and Nestle.
College tuition will outpace all other expenses as long as the government gives 18-year-olds blank checks and those 18-years-olds can postpone the cost of their behavior. Universities would be stupid to offer competitive pricing, as the government is at the ready to pay their fees.
Walmart and hundreds of other large corporations are able to pay their workers shit wages because the government subsidized their wages through SNAP, medical care, and even Section 8 housing. The gravy train for Walmart doesn’t end there, because those programs also make for large volume days when SNAP debit cards are renewed with new tax dollars from other citizens.
6. Minimum Wage
Politicians love to create laws that discriminate against minorities. Most are familiar with slavery and segregation laws, but are completely ignorant of how many other perceived “good” laws hurt small minorities. Like the uneducated or young, minimum wage has priced out millions of unskilled workers and younger people looking to make an honest buck. These laws have also priced many businesses out of business, as well as caused consumer goods to be artificially high, hurting the poor and making them more dependent on government welfare.
7. Regulations
From payroll taxes to unnecessary licenses, business owners waste billions on administrative fees complying with government regulations. Mandatory annual fees for LLCs and other businesses is a complete misallocation of capital for a business.
The idea that Hillary Clinton, or any of these politicians (like Bush, Romney and Obama) can create jobs is lunacy. It’s scary to realize just how demented our political leaders truly are.
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Actually business create value(AKA profit). Value creates good jobs.
Government can only make work, but in itself creates no value. Government must help business create value that in the end produces more good jobs.
Liberals like Hillary make stupid people feel good about the politicans, but lower the economic standard of living of the country.
Who doesn't like a homely, hammy thighed liar?
we cant vote for felon thugs with honest jobs
.
so we vote for women
can't wait for a voter to actually ever get the chance to vote for someone who isn't psychotic, delusional, schizophrenic, corrupt, morally bankrupt, economically illiterate and otherwise insane in some way shape or form.
to say that hillary isn't fit to represent is a bit like saying clinically insane child molesters should not be put in charge of a kindergarten...it truly is frightening how much our political parties are so far divorced from exhibiting the tiniest tiny tiny form of competence to represent real human beings...
the scariest thing is she is smarter than most other democrats, republicans and minorities like the t-party...so what the fuck can you do...
(changes name to "none of the above" and busses in relatives in florida to win the next presidential election based on rigged elections)
Isn't this Hillary's lesbian lover?
Huma Mahmood Abedin (born July 28, 1976[1]) is an American political staffer. She has been a long-time aide to Hillary Rodham Clinton;
http://en.wikipedia.org/wiki/Huma_Abedin
Her husband was
Anthony Weiner the NY sexting congressman.
In a perverse sense, she's correct. Gov't has created all those accounting jobs required to file tax returns, all those bureaucrats that oversee a minor house repair, all the spies that work to keep us "safe", all the cops that enjoy a shooting a live target, all the phamaceutical road maps that go into making us all sick, all the food additives companies create that poison us with and all the educational guidelines that turn teachers and children into moronic robots.
Government. How could we live without it? Believe it or not there are parts of the world without all this BS and they're the fastest growing, and most pleasant, parts of the world in which to live.
Hilarious: WalMart CEO Doug McMillon is awaiting your email on just how he and his company can best assist you and your federal operatives in creating the 2nd cohort of 2.2 MIL jobs that WMT can next employ.
It is my hope that she has a stroke.
one eyed jack mihoff: I hope you lose your dick!
@ Balless:
Please allow me to restate that comment differently, I hope that she has another stroke as she clearly has a less than fully functional mind now.
This explains her less than correct understanding of reality. Therefore more accurately stated what I hope is that this drunken, ignorant, murderous, ancient, brooding rug muncher has another stroke from which she never recovers.
I hope that this clears up this misunderstanding. Now go eat a dick, I assume your quite skilled at that sort of thing.
I swear I'll leave this country if she gets elected. What a fascist bitch! Not that any other party will be any better, they're all fascists now!
robnuts: you have no clue to what fascism is!
robnuts: you have no clue to what fascism is!
I am just amnazed how this good cock sucking sweet hillbilly commie from Arkansas has gotten this far. I'm just sorry she's been mad at men ever since she met some of my buddies and me in college......
Does Bill only have sex with ugly women?
Actually Jenifer Flowers wasn't bad looking. But 3DB got off on raping woman as his 1st choice interaction from what I gather in the civil suits against him. You see when your mom is a Mafia whore and your dad is a psychopath Rockefeller you're likely to have let us say, some quirks.
Government cant create jobs.
What it can do is kill competition and create monopolies.
Thats about it.
You have free markets
or
You have government/banker/corrupt monopolies that sell you poisoned products created by foreign child slave labor for insane prices.
If some big business or bank wants to kill off or absorb a competitor, they lobby to have laws passed to make it extremely difficult for their competition to continue functioning.
Then the business fails and the monopoly gobbles it up, its like hungry hungry hippos but whenever you get a bead , the govt steals them out of your pile and puts them into their friends pile.
You can't win really because the game is rigged, they will do everything in their power to leave you just enough to survive so that you can keep feeding them. (can't kill off ALL the slaves...)...
Dear God, she needs to be in a nursing home. In that one statement she says, 1. capitalism is not your answer, 2. I the government will provide more than #1, 3. As your government, I will give you equality that no one else can. what a life's unfair, let me take over baiting scam she has become. Anyone who did not immediately walk out deserves what they get.
I can't believe the number of people who disagree with her, when government jobs have been on the increase for the last 50 years. Few corporations have added employees in that time, and instead consolidated, amalgamated, joint ventured, merged, acquired, were acquired, and the onslaught continues in the private sector, while building cranes around a 100 mile radius of D.C. from a satellite view make it look like a never ending Tall bird convention.
Add to that the privatization of formerly government run agencies, like the one that just blew away $200,000,000 in a failed launch, run by former government employees who saw the exploitation possible in government funded profit opportunities, and you have a robust sector of zero unemployment in government.
While it's likely that she is an alien from another planet, embedded here to pave the way for further invasions, she is not wrong in the government being a huge job creator. There is even more employment possible in government by beginning a national energy program, printing several quadrillion FRNs to rebuild our infuckedupstructure, an energy grid revamp......why the possibilities for the government to employ many more millions of us is indeed the only light in the tunnel.
Step back and forget about what government should be doing and look at the reality of what it is doing.
Too many simple minds looking for simplistic solutions from simpletons like Clinton. If you think a lawyer wll ever do anythng for you without looking out for themselves first, second and last, you have just been added to the list of simple minds.
As with many free market propagandists, the writer belabours the point. Of course Hillary's statements are crazy. But is government actually a felon robbing people of "their" money and squandering it? There is no concept of a legitimate public interest or public investment here, which ultimately means there can be no legitimate government, only people marshalling force to defend their property ("conquests").
The problem with all free market propaganda is easy: there are no proponents of "unfree" or rigged markets, just as there are no proponents of war or proponents of crime. And that is why people who defend free markets or who say they are for peace or claim they are for law and order (or business) are A L W A Y S engaging in some disingenous and fatuous straw man fallacy.
You may as well be for tidiness: nobody bar your children are pro untidiness.
Rubbish! Bullshit! Any economy other than a laissez faire free enterprise economy IS an unfree market that establishes an elite that is enriched. It enshrines open competition. USSR communism provided a classical example of an unfree market. "Dictatorship of the Proletariate" my foot. Laissez faire free enterprise is the only philosophy of political economy that levels the playing field so anyone, including Joe or Jane Sixpack, may enter the market without government choosing favorites and conferring an unfair advantage. Among other things, only government can perpetuate a monopoly. I suggest you name another such economic ideology that does the same thing.