quotable

"Once abolish God and the government becomes the God." -G.K. Chesterton

Thursday, December 8, 2011

Why Obama Can't Create Jobs (or Money: It's Not Just for Democratic Fundraisers)

Sometimes clarity comes at the strangest hours. Tonight it happened when I fell asleep after enjoying a few libations while watching Anthony Bourdain's entertaining travel + food + booze show on the Travel Channel. If you've ever watched Anthony Bourdain's show before, you know he has a way of speaking plainly and saying exactly what's on his mind. Abrasive? Sure. But that's how the truth rolls sometimes.

Taking a cue from Mr. Bourdain's style of breaking down basic absurdities, I began to dissect President Obama's speech in Kansas the other day, you know the one where he said the economy has gotten too efficient to employ human beings and blamed the internet, ATMs, and technology in general for his three year reign over the worst streak of unemployment since the Great Depression, pining instead for the days of elevator operators, full service gas stations, and switchboards.

The president delivered his words where Teddy Roosevelt gave a famous (and often misunderstood) speech over 100 years ago, but I don't think we were expecting Mr. Obama to also champion the technology from that era. If I didn't know better, I would have sworn Osawatomie was Native American for "Soviet style economic planning." So much for winning the future.

As Pundette eloquently pointed out, Obama basically spent 30 minutes "lamenting that unions aren't strong enough to force buggy whip manufacturers to give raises to their employees." And who doesn't wonder what happened to all those great buggy driving jobs? They must have gone overseas to cheap labor.

If his speech clarified one thing, it's the president's complete failure to understand job creation. Having never worked in the private sector, he has no idea why jobs exist in the first place. Seriously. Someone should ask him - what is the point of employment?

If you listen to Mr. Obama, you are likely to think the purpose of a job is to provide someone with work. It's not. Nor is it to provide someone with benefits or to ensure every family gets to own a house. The point of a job is to make money, usually for someone else, and unless you are self-employed, that usually means a corporation. If the employer can't make a profit as a result of your labor, they won't hire you. If your labor loses them money, you aren't worth employing. And if government regulations make hiring more expensive, fewer jobs are created. It's really that simple.

But when the leader of the free world demonizes profits, when successful businesses are called greedy, when corporations that do most of the hiring are told they are not paying their fair share, when the private sector is told there will be a time to profit later, you end up with a business environment that stinks. Obamanomics discourages job growth and encourages stink. Period. Unless the government is doing all the hiring (and that's called Communism), you need profitable companies to hire productive workers who will increase profitability, allowing for the creation of even more corporations.

Computers, technology, ATMs, machinery, and the internet all increase productivity. They make businesses more productive and hence, more profitable. Therefore, "greedy corporations" can grow and keep hiring. I know, how dare they. Today's progressive, not too far removed from Marxism, will tell you corporations should only exist to serve at the government's whim.

Jobs aren't just for keeping people busy. The fact President Obama fails to grasp this simple economic reality is why we have a failing economy with such an anemic recovery. Mr. Obama can't create jobs, because like most leftists, he's never understood the purpose of work in the first place. He thinks hiring 10,000 people to dig a ditch and handing them all a spoon is the key to full employment. That's how we got a trillion dollars of wasted stimulus.

A president who values employment has to value profit, and Mr. Obama has proven himself incapable. There will be no job recovery until he is out of the White House.

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