First of all, this is Arlen Specter writing for the Huffington Post. His article “The Government Needs to Take the Reins In Job Creation” talks about the need for government to take a more active role in “creating” jobs.
A tax credit to encourage employers to create new jobs or extend hours worked is just the kind of direct subsidy that worked so well with the cash-for-clunkers program. That was about cars. This is about jobs and people, an unquestionable priority. The moral imperative to act aggressively is clear.
What? So, you want to give a tax-credit? Why don’t you just not take the money in the first place? His typically statist notion that the government knows best how to stimulate and manage job growth is baffling. The premise is basically this: We’re gonna take money from you and then give it back after we’ve filtered it through some government bureaucracy so that when you get it back it will be less than what you gave us but aren’t we AWESOME for giving you that money?!?
See, government can’t create jobs. They can only take money from the masses and then hand it back in the form of grants, subsidies or departments. But they actually don’t create any jobs themselves.
So, and I know you want my opinion, you wonder what I would do? I’d lower business taxes and fees to allow people to grow as they see fit. The jobs would follow but this isn’t popular thinking now because people have been brainwashed into believing that government holds the answers when in reality it’s the mirror.
