Comrade Hillary Clinton astounds - says businesses don't create jobs
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Hillary Clinton has stunned listeners with the amazing proclamation that corporations and businesses don't create jobs. This leaves many Americans to wonder where their jobs came from instead.
Highlights
Catholic Online (https://www.catholic.org)
10/27/2014 (9 years ago)
Published in Politics & Policy
Keywords: Hillary Clinton, business, jobs, create
LOS ANGELES, CA (Catholic Online) - At a rally in Boston, Hillary Clinton gave a speech on behalf of the state's gubernatorial candidate, Martha Coakley, Hillary Clinton made a remarkable statement. She told the crowd, "Don't let anybody tell you it's corporations and businesses create jobs."
The quote is remarkable because most employers in the United States are corporations or businesses of some kind. With her next couple lines, Clinton revealed she was pandering to the extreme left of the party.
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"You know that old theory, 'trickle-down economics.' That has been tried, that has failed. It has failed rather spectacularly."
Clinton may be correct, to a small degree that trickle-down economics hasn't worked. We have seen the gap between the wealthy and all others grow spectacularly in the last several years, and quite noticeably under the Obama administration.
However, to suggest that economic growth and jobs comes from some place other than private enterprise is quintessentially communist. To live in a nation where government may be the largest employer, doesn't bode well for capitalism.
Yet, capitalism has given the United States unrivaled growth and an unparalleled standard of living and freedom compared to the rest of the world-at least until recently.
Hillary's quote reveals an astounding disconnect between reality and the fiction that she, and many within her party believes. That is it's a powerful government, rather than private enterprise, that can do everything better. Yet, we have seen time and again that government stifles competition, makes prices go up, and generally hinders economic growth including the growth of jobs.
Last year, many workers saw themselves reduced from full-time to part time as the Obamacare mandate threatened to punish full-time employers with high-priced insurance plans and penalties which they would be forced to consume.
Government does not create jobs. Businesses and corporations do. We may not like how some corporations minimize their expenses in the face of government regulation, but this is what businesses do. In fact, it's what all rational people do when they shop for better prices or minimize expenditures.
Fortunately, for those Americans who hate corporations and jobs, but still want to be paid, Hillary Clinton is likely going to announce a run for president soon.
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