Job creation for Dummies

As I have noted in the past on several occasions the impostor in chief is an idiot when it comes to basic economic principles. While I believe that he was well above average in the study of Saul Alinsky’s Rules for Radicals I just have to believe that his grasp of  Macroeconomics and Microeconomics are shall we say less than stellar, and that his grades would reflect that if his transcripts were ever to be released.

Mark Alexander of the Patriot Post (see the sidebar) hits another one out of the park addressing this very issue. read on…

By Mark Alexander · Thursday, December 10, 2009

“Were we directed from Washington when to sow, and when to reap, we should soon want bread.” –Thomas Jefferson

Barack Obama outlined his Recovery.gov version 2.0 on Tuesday of this week, saying, “My economic team has been considering a full range of additional ideas to help accelerate the pace of private sector hiring. We held a jobs forum at the White House…”

Indeed, Obama held a much-publicized “jobs” confab last week, ostensibly to obtain ideas about how to create (and save?) more of them. This exercise in futility was fodder so he could feign having sought advice from some people who actually create jobs.

However, most of the 135 invitees were from federal, state and local government, academic institutions, labor unions and not-for-profits. Alas, he did toss in a few folks from the private sector where job creation actually occurs. He told them, “I’m confident that people like you … can come up with some additional good ideas on how to create jobs.”

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