Tuesday, July 5, 2011

Job Creation: Capitalism vs. Socialism

Apparently some statistics at the Comrade's recovery.com Web site that says of the "millions" of jobs "saved or created" via the stimulus package, each of them cost something like $278,000.00.

But you can bet that none of those jobs paid that much. And how many of those jobs are ongoing, actual positions that last longer six months or a year or so?

See in the private sector under capitalism or free enterprise, a business owner creates a job if and when that new position will actually generate more revenue. You hire another sales person, another production person, another administrative staff to support efficiency. You "make money" off that added job.

In the government sector under socialism, you appropriate funds from someone who earned it and give that money to someone else, whether they bring in additional revenue or not.

And stimulus didn't work? Stimulus has actually dumped the US economy into the toilet?

Are you surprised?

All for now.

Save the Republic.

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