I had a call on Tuesday afternoon from a nice lady to advise that the Government has introduced a jobs program in spite of their press statement of February 17, 2013 stating that the former Fifty-Two Week Jobs Training Program … (was) the wanton wastage of scarce public resources by the FNM. (See the "Press Statement" here…)
Of course the PLP knew in February that the FNM's job programme had no lasting impact on unemployment, hence their dogmatic statement. It was a political exercise in difficult economic conditions, that in effect use valuable resources that can only be recouped by taxing everyone more.
Are we to imagine now that their equally unimaginative jobs programme will succeed?
As my Father often stated, "paper stays still and lets you write anything you want on it".
Why not consider reducing the barriers to entry in business for starters?
Governments do not create jobs. Entrepreneurs do.
"Jobs are created when entrepreneurs risk their savings to go into business and hire people. If they succeed, they grow and hire more people and so on.
"Oh politicians can take tax dollars from one group and give jobs to another group, but beside the immoral aspect, nothing new has been created.
"Now many politicians are certainly good at creating regulatory barriers that slow the entrepreneurial process. Or they'll subsidise one business over another, usually the politically correct group of the day, but here again this is creating nothing new. In fact it's slowing down the "creative destruction" of businesses that are no longer viable.
"…it's not a politicians "job" to create jobs in the first place. But they should concentrate their efforts at reducing this regulatory burden."
But it will work for Christie cause he says so.
I keep forgetting he has those mystical powers :o)
Just another example of government trying to justify itself.. Training people for jobs that do not exist is foolhardy.. Only economic growth will create jobs.. Government must attempt to provide the economic environment to stimulate private investment by getting out-of-way and letting the free-market take it natural course.. Private investment created demand for increased labor (jobs in other worlds) not foolish government training programs which creates hopes that go unfulfilled..