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Tuesday, October 23, 2012

What Is A Government Job?


The Myth of Job Creation ... The headlines from the last presidential debate
focused on President Obama challenging Mitt Romney on issue after issue.

There was a less noticed, but no less remarkable, moment when Mr. Obama
agreed with Mr. Romney on something — and both were entirely wrong. – New
York Times

Dominant Social Theme: Government is naturally the most dynamic part of any
social entity.

Free-Market Analysis: Can government "create" jobs? Free-market types believe it is impossible for
government to generate employment, though politicians claim various kinds of job creation all the time.
The New York Times thinks it can. Most of the time, analysis turns on government printing money and
providing tax breaks. This is supposed to benefit the private sector in turn.

The Times's novel idea is that one can dispense with all this economic mumbo-jumbo. Government jobs,
we are informed, are created by mandate. They are in front of our collective noses. Here's more from the
article:

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