Tuesday, October 28, 2014

Who creates jobs in Hillary's world?

Which came first, the chicken or the egg? It’s a question that’s been pondered for, perhaps, thousands of years. We may never have a definitive answer. There’s another question that’s been broached by the liberals in this country. Who creates jobs? Hillary Clinton recently stated, “Don’t let anybody tell you that it’s corporations and businesses that create jobs.” Oh, really? Then who creates jobs?

Hillary didn’t elaborate but some of her apologists did. Bob Beckel on Fox News said consumers create jobs. Beckel, and those who echo this sentiment, have a basic misunderstanding of how the economy works. Consumers don’t create jobs. Consumers create demand, which may or may not result in a job.

Let me give you an example. Consumers for years demanded airplanes. Inventors dating back to da Vinci had dreamt, even sketched, flying machines. It wasn’t until the Wright Brothers came along and made it happen that the first job in the aircraft industry was created.

By the way, consumers have been demanding flying cars since before I was a kid. There still aren’t a lot of jobs in that industry.

So, why would Hillary make such a ridiculous statement? To answer that, one has to realize that she’s not alone in her belief. Remember President Obama’s famous “you didn’t build that” line? Sen. Elizabeth Warren of Massachusetts made similar comments. That’s probably why Hillary was making hers in Warren’s back yard of Boston. It was Warren who said, “There is nobody in this country who got rich on his own. Nobody! You moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire forces that the rest of us paid for.” It doesn’t occur to these shallow thinkers that if these people didn’t have jobs they wouldn’t be able to pay the taxes that provide all these services.

I guess a more important question is, which came first, the job or the taxes? The answer would be the job. Whoever the first person was to hire the first employee changed economics forever. It’s certainly possible to have an economy without jobs. In the early days, a farmer and his family would trade corn or cattle with someone else who made whatever they needed. Once currency came along it became possible to sell your goods for cash and hire someone to help you produce them. Those were the first businessmen and they created the first jobs.

To say that businesses don’t create jobs is foolish but Hillary said something even more outrageous. In that same speech, she said raising the minimum wage creates jobs. Yes, she said she had voted to raise the minimum wage several times and her husband had raised the minimum wage and each time it created jobs.

Now, let’s study on that for a second. No matter your position on raising the minimum wage, there’s no way you can argue that raising it creates jobs. In fact, the vast majority of studies show it kills jobs. Again, you’re talking about a fundamental misunderstanding of how the economy works. With people like this already in charge, is it any wonder that our economy continues to struggle years after it should’ve recovered?

Hillary was attempting to exploit that innate dislike people have for the boss. She sought to demonize businesses and convince people that they were responsible for creating jobs all by themselves. In the process, she demonstrated just how unqualified she is to be president of the United States.

Phil Valentine is the host of the award-winning, nationally syndicated talk radio show, The Phil Valentine Show.

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