Deregulation

John Stossel on Job Creators Who Are Tired of Being Pushed Around

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Some politicians claim that politicians create jobs. Senate Majority Leader Harry Reid says, "My job is to create jobs." What hubris! Government has no money of its own. All it does is take from some people and give to others. That may create some jobs, but only by leaving less money in the private sector for job creation. Actually, writes John Stossel, it's worse than that. Since government commandeers scarce resources by force and doesn't have to peddle its so-called services on the market to consenting buyers, there's no feedback mechanism to indicate if those services are worth more to people than what they were forced to go without. The only people who create real, sustainable jobs are in private businesses—if they're unsubsidized. Some CEOs are upset that people don't appreciate what they do. So they formed a group called the Job Creators Alliance.