Jim Hightower, once the future Rush Limbaugh of the left, is still shilling for the Democrat agenda. And a recent column of his, What job Creation Numbers Don't Tell Us, actually made some good observations. What the jobs numbers don't tell us is that the number of jobs created since the Great Recession officially ended roughly equal the number of jobs lost during the Great Recession. The problem is that the population still grew during that period of time with about 15 million more working-age people in the job market, many of whom are looking for work.
Hightower's solution is for congress to pass a national jobs program, among other big government projects. Don't we already know this is not a viable long term solution?
Republicans, on the other hand, say we need lower taxes and a balanced budget. But that's not likely to work either. See James Pethokoukis' What conservatives don't understand about the modern US economy.
What we need is a free market with minimal government involvement. End government/corporate cronyism. Eliminate or at least reduce the barriers to entry by new businesses. Encourage free enterprise. End the tax code as we know it and implement a flat tax. We've gone a long way down the road toward a big government with its hands in everything. There's a possibility that's it too late to reverse course. But that's too pessimistic.
American was built on ambition, creativity, freedom, and pride. Those traits are still here, just dormant. Some day that sleeping giant will awaken and cast off the chains that hold it down. May it come sooner rather than later.
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