2016 Presidential Election: Job Creation - Learn Liberty
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The job market is in the dumps, especially for young people. Luckily, politicians have come to the rescue! Learn More: https://www.learnliberty.org/ Trump promises he’ll be “the greatest jobs president that God ever created.” And Bernie plans to spend $18B to get our economy back on track. But if government takes tax money from some businesses to create jobs in others, who will really feel the burn? Subscribe to our channel for more election analysis with Don Boudreaux and non-stop binge learning all summer long. SUBSCRIBE: http://bit.ly/1HVAtKP FOLLOW US: - Website: https://www.learnliberty.org/ - Facebook: https://www.facebook.com/LearnLiberty - Twitter: https://twitter.com/LearnLiberty - Google +: http://bit.ly/1hi66Zz LEARN MORE: Does the Government Create Jobs? (Video): Creating jobs is relatively easy. Empowering the economy and individual workers is not. In this video, Prof. Steven Horwitz explains in doing the former, the government makes the latter almost impossible. http://www.learnliberty.org/videos/does-government-create-jobs/ Guide to Election Season (program): 2016 is heating up, which is why we’re cutting through the noise to bring you the most important issues of the election- drug policy, terrorism, immigration, and more. Join Professor Don Boudreaux in this On Demand Program designed to give you the information you need this election season: http://www.learnliberty.org/course_details/election-issues/ When Governments Cut Spending (video): If the government was to cut spending, to stop propping up the economy, the economy would collapse and we’d all lose our jobs...right? Quite the opposite, argues Prof. Steve Davies. http://www.learnliberty.org/videos/when-governments-cut-spending/ Election Issues Podcast: https://soundcloud.com/learnliberty/learn-libertyelection-issues-podcast LEARN LIBERTY Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://bit.ly/1UleLbP
Comments
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Either you think central power meddling with taxes, regulation and price fixing of money with the manipulation of the interest rate is a good thing or you understand the harm it does.
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Unleash The Job Creating Beast: Cut Regulation, Cut Spending, Cut Taxes.
When government tries to micro-manage, government does a lot of damage. -
"Youth unemployment is more than triple the national average" doesn't make sense since you haven't defined what subset of national youth unemployment we are looking at. As far as we can tell, you just said that the national youth unemployment rate is triple the national youth unemployment rate, which doesn't even start to make sense.
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I don't believe that the "BEST way to create jobs is through the Government" as Prof. Doudreaux says in the video. However, if private capital is not generating jobs, then the public can fund jobs. For example the TVA - https://www.tva.gov. This is the Tennessee Vally Authority. It was built with public funds for the public benefit. Also, Hoover Dam and Golden Gate Bridge were built with public funds. My point is that there is no reason that a balance between private and public funds can't be found. To suggest no public funds should be used to create jobs in times of emergency is counter-intuitive. (As least it is counter-intuitive to me.)
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I believe a thriving community finds the optimum balance between private and public funds. And, most importantly, that balance point changes over time.
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There is now an enormous body of empirical research confirming that humans have cooperative as well as self-interested dispositions. The idea that the best way to create jobs in the 21st Century is to unleash our self-interested side over our cooperative side seems to me to be on the wrong track. Liberals, like me, believe that a thriving economy needs a balance of both self-interested and cooperative behaviors. To me, an excessive focus on only self-interested economic behaviors will result, like in a poker game, all wealth ending up in just a few hands. (And the current amount of global wealth inequality is, to me, a direct result of unfettered self-interested economic activity.)
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Bigger government equals less freedom.
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Neither. High unemployment is good for us, it means we need less and less human capital to produce everything we need. We need to create wealth, not jobs.
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These Presidential Election have been awesome! Keep it up homies
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problem is Wal-Mart doesn't ship their stuff by teleportation, they use the same roads we do.
spending on infrastructure allows everyone to complete. I think at least a couple of people have made money off this whole "internet thing" and space X, and blue origin are expanding what NASA has started.
you can be for private industry without villifying government. -
The fact is that the US has been increasing the power, size, and role of the Government in the economy for decades and decades, the results speak for themselves. We need a change, give Capitalism a try.
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booth.... goverment spending in the short term to give time to the job market so it can adjust and absorb the new employees
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The transportation, power and water systems in this country were built by government/business/individual cooperation and led to the US economy growing into the worlds most dynamic.
The private sector has benefited from this just as the populace has. To pretend that industry built the country despite all the trouble caused by government brands "Learn Liberty" as very partisan. -
insightful
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Job creation is a moot point. Automation is going to take any job worth doing in the next 50 years anyway. What we really need to be doing is finding ways to occupy our time that isn't work. We need to find ways to provide good and services to everyone because here soon the only people with any money will be the wealthy 5 people. I am not a genius nor do I have all the answers but I do know that new jobs aren't going to magically appear because technology replaced all our old ones.
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Oh, the irony. The kings of cronyism are going to complain about cronyism.
Somehow it is not cronyism when they are subsidized. But when green energy is subsidized then, suddenly, there is cronyism. The big businesses like the ones that fund Learn Liberty(IHS(Propaganda wing of the Cato Institute)) cause small businesses to shut down far more than government ever did. The people behind this video are the winners that have already been picked by their own government cronies and they are going to pretend to care about problems they do not really have by conflating the problems they cause with anyone else potentially getting the same treatment from government that they do. That's how this mind game works and those who believe these lies are the biggest losers, and even more so than those who are not willingly oblivious to what is actually happening. That is because it takes real cowardice and purging of human dignity to propagate someone else's lie knowingly in order to gain favor in some small and insignificant way.
If they say "more government" and "more government spending" in the same sentence when it has to do with subsidizing their competition, that is the dog whistle to flip on the hate switch. When they aren't the ones getting subsidies, then it's suddenly hurting innovation, entrepreneurship, and "job-creation", boohoo :( as though they even care about any of that. On top of that they want people to believe that it's the little businesses that are hurting when big companies like theirs have to follow ANY standards, be liable for anything, or contribute anything back to the society and infrastructure they take advantage of more than anyone else.
Ever think to ask why working 40 hours in a week is NECESSARY? Why should the value of money only be determined by banks? Why do banks get to counterfeit money to the degree that they do? What creates public and private debt? Why do they never want to get rid of sales tax? Why should a small estate have to pay a compromised property tax that is unfairly higher to subsidize those with larger homes and lots? If libertarians are so interested in the "free market", perhaps they should look at the most regressive and imposing taxes that effect the greatest amount of people. The reason behind not asking those questions is sniveling toadyism in worship of wealth and power. It's being told what to care about, which is what cuts into THEIR profits, dividends, and options. How they get it makes no difference, other than perhaps the pleasure derived from the discomfort it makes others feel which gives them a sense of victory or achievement that is only as short-lived as the empty promises they make to get what they want. That's the shallow upside to having no conscience. These oligarchs couldn't care less about what anyone else has, let alone a job. They have libertarians all over the place believing that the money they make, they are entitled to and it is worth more(pound-for-pound) than that of what ordinary citizens make. They just take for granted that people are their army of lackeys who are fated to follow in this manner. This is why the conservative mindset is nearly entirely irrelevant and counterproductive. If lower taxes and more wealth for these "job creators" actually created jobs then there would be more well-paying jobs per capita now than at any point in human history ...and people would be reasonably productive whilst the world was actually taken care of in a reasonable way. ...No, they are going to take that dirty blood money for themselves and dangle it in front of people for their own gain because they know everyone wants/needs it. Let's face the fact; they really just love knowing that they can manipulate people with it. That is not a reasonable prerogative for mankind. And to believe that some so-called "market-based" fantasy world made from mental gymnastics is going to work is gullible and historically ignorant. The trouble with falling for these lies about job creation is that labor costs are just as much of an expense/outlay as taxes. Plus, it's falling for the oldest trick in the book as though they are the rightful gatekeepers for everyone's destiny.
Nobody can give one good reason why, with all the technology and automation that we have, that everyone cannot be guaranteed a basic living standard. Because only little-minded followers want to demand rights for slave-masters and not slaves; to sit back and feel sorry for those that need only pity on their foul souls for how little conscience they have. The weak-of-heart want more from the physical world while the weak-spirited slaves that follow them provide for the heartless. Doling this gives followers a false sense of purpose by fooling themselves into believing they are somehow moral or righteous because they are subservient when the truth is plain to see that it is completely opposite. Because compromising truth, virtue, and real morals, selling out or preying on the physically, mentally, financially, and/or socially weak for self-preservation or to gain favor is abhorrent and inhuman.
Libertarians generally have no concept of what a free market is or should be because they are blinded by their admiration for treachery. I continue to make a call to libertarians to break their circles in terms of language and subjectivity because they are generally very intelligent and well-intentioned people. But why does anyone need to label themselves anything if they believe in freedom and liberty? It doesn't mean anyone has to love government. And libertarians should at least be consistent about where government is wrong and when it is severely wrong instead of simply parroting what these propagandists tell them about taxes and regulations. They don't care about any of that other than what effects their bottom line and range of influence, not when it effects ordinary people. In fact, just the opposite as using government to make people buy their products is exactly how they make money and cement their business power through sleight of hand, not an invisible hand. And it's not for serving a cause. They are not out there spending all of their lobbying dollars on making sure discrimination or the war on drugs ends. The most they do is make a video to appeal to the libertarian on those subjects. They lobby to make more money for themselves at the expense of their competitors and taxpayers. They ARE the government, the establishment, the aristocracy, the elite, and they cannot be trusted. And falling for their sleight of hand through their inconsistent, subjective, and artful connotations doesn't make a lie become true. When it comes to government and taxes, this kind of corruption and perjury should not be legal. -
Thank you for showing more than just the 5% that Obama keeps boasting about!
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Kansas got rid of nearly all state taxes. What happened? All the money that they said that entrepreneurs would put into new jobs instead went to their own savings and no new jobs were created. It's not as simple as raising or lowering taxes, or increasing or decreasing government activity. We need a comprehensive plan that takes good ideas from all sides and truly works for the people.
Btw, licenses aren't a bad thing. Don't believe me? Go get a kidney removed by a doctor without a license. -
Consumers contribute to creating demands for jobs since they are the ones who hold the money in their pocket. However, if we abolish income tax, meaning they would have more money in their pockets, that would increase their purchasing power. In that case, they would be able to expand their demands to create even more jobs if their incentive to buy goes up. Think about it this way. You don't hire workers if their service aren't needed or if these demands decline.
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Free Market baby
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