Well, except that government cannot create jobs and every time it tries it fails miserably. Stop all the government intervention in the economy including all the ridiculous so-called economic development done at the local level. Let the free market work!
Amen to that! Pay careful attention to what the new Gov. Synder of Michigan does on that count. He’s a businessman (Gateway Computer and others) and within the first month rumors started circulating that his flat business tax plan includes elimination of MEGA - the Mich. Economic Growth Authority that has wasted millions of dollars on so-called economic development while producing negative results.
This is another battle that has yet to be fought in most states, but spending money on the mistaken impression that that government can “create jobs” must stop.
Amen. Their only job is to secure liberty. Do that, and free men and women will create more jobs than anyone could possibly imagine.
And stopping that intervention will take effort on the government’s part. Remember, once passed, laws, taxes, and regulations have a life of their own, enforced by mindless but tenacious bureaucrats. It requires action on the part of elected legislators to dismantle those roadblocks to business and job creation.
So calling for her fellow legislators to “focus on job creation” is reasonable as long as it means dismantling roadblocks and not more government subsidies distorting the market.
California has systematically driven out the providers by raping them at every turn, and embraced the rapists. It is time to drive out the takers by cutting off the welfare programs and letting businesses and successful people keep the fruits of their success. Eliminating free school lunches, Medicaid, foodstamps, and impounding uninsured vehicles would signal the freeloaders to leave the state.
Lowering the sales tax rate from the current 10% down to 5% but extending it to all goods and services would also boost local businesses and increase tax revenues. Flattening the income tax rate to a flat 4% with no deductions would bring some of the high earners back to the state who left when it got jacked up over 10%.
We can be sure Jerry Brown will go the opposite way, though. He’ll drive away more high earners by targeting them for higher taxes.