December 9, 2011 4 Comments
Neither the government, nor any business in the private sector, should be specifically trying to “create jobs”.
That is like noticing that a healthy, fit man’s heartbeat is slower than a fat, sick man’s heartbeat, and therefore going around giving people drugs to slow their hearts: You are treating the symptom, but aggravating the problem.
Job creation must always be a natural symptom of a healthy economy. Anyone trying to create a job for the sake of employing someone is only increasing inefficiency, leading to more lost jobs in the long run.
That is the sort of “stimulus” that got us into this mess in 2008, and exactly what is keeping us in it.
Makework jobs kill the economy the same way drugging fat, infected people to slow their hearts would kill human beings.