In his latest column Ron Paul points out the folly of big government trying to create artificial taxpayer-funded make-do jobs just for the sake of it, instead of encouraging honest and true long-term prosperity by simply getting out of the way.
Stimulating Our Way to Rock Bottom
by Ron Paul
With attention turning to the next big economic stimulus package, questions are still swirling about our economic troubles. How did we get here? How do we get out? As usual, Washington has all the wrong answers. According to many politicians, we got here by not spending enough, not consuming enough, and not regulating enough. Now government, like some mythical white knight, is going to ride in to save the day by blanketing the economy with dollars, hiring an army of new bureaucrats, creating make-work jobs, and sending everyone some form of a bailout check. The debate seems to focus on whether this will cost enough to save the economy, or if this is just a “down payment” with much more government spending to come. Talk like that would be comical, if the results weren’t going to be so tragic.
The results will be worsening economic woes until we learn our lesson. But instead Congress is behaving like drug addicts who must hit rock bottom before they are ready to face reality. They are playing foolish games with the economy now because they are thinking only of political expedience. This talk of job creation is a perfect example.
Contrary to the belief of many, the goal of the economy is not job creation. Jobs can be a sign of a healthy economy, as a high energy level can be a sign of a healthy body. But just as unhealthy substances can artificially give the addict that burst of energy that has nothing to do with health, artificially created jobs just exacerbate our problems. The goal of a healthy economy is productivity. Jobs are a positive outcome of that. A “job” could be to dig a hole one day, and fill it back up the next, or perhaps the equivalent at a desk. This does no one any good. But the value in that paycheck ultimately has to come from taxing someone productive. Some think this round-robin type of economic model is supposed to get us somewhere.
Politicians and bureaucrats have already done their fair share to ensure that jobs in the private sector are prohibitively complicated and expensive to create. They are now shocked that the economy is shedding jobs, and want to simply create hundreds of thousands of jobs to make up for the job losses, through another so-called economic stimulus package. The private sector must be permitted to do that, but instead they are massively burdened with taxes and webs of red tape and regulation. Washington’s bandaids will only prolong this agony. The Austrian school of economics teaches that only a free market economy, unencumbered by onerous government controls, creates long-term prosperity. Politicians, however, tend to be notoriously short-sighted.
I am left with these questions – who is going to be left standing to tax in the private sector to pay for all these public sector make-work jobs? Is Washington really to be considered some sort of savior for creating unproductive jobs in place of the productive jobs they eliminated?
We are at an economic dead-end and those in power are in denial. The truth is our economic problems are due to loose monetary policy, central economic planning, and the parasitic expenses of government. Unless we assess these problems honestly, we unfortunately have a long way to go until, like the junkie, we hit rock bottom.
Processing your request, Please wait....
Online Article……
[...]The information mentioned in the article are some of the best available [...]……
Like or Dislike:
0 
0
Websites we think you should visit…
[...]although websites we backlink to below are considerably not related to ours, we feel they are actually worth a go through, so have a look[...]……
Like or Dislike:
0 
0
Visitor recommendations…
[...]one of our visitors recently recommended the following website[...]……
Like or Dislike:
0 
0
Great website…
[...]we like to honor many other internet sites on the web, even if they aren’t linked to us, by linking to them. Under are some webpages worth checking out[...]……
Like or Dislike:
0 
0
Blogs ou should be reading…
[...]Here is a Great Blog You Might Find Interesting that we Encourage You[...]……
Like or Dislike:
0 
0
Related……
[...]just beneath, are numerous totally not related sites to ours, however, they are surely worth going over[...]……
Like or Dislike:
0 
0
Awesome website…
[...]the time to read or visit the content or sites we have linked to below the[...]……
Like or Dislike:
0 
0
Sources…
[...]check below, are some totally unrelated websites to ours, however, they are most trustworthy sources that we use[...]……
Like or Dislike:
0 
0
Sources…
[...]check below, are some totally unrelated websites to ours, however, they are most trustworthy sources that we use[...]……
Like or Dislike:
0 
0
Gems form the internet…
[...]very few websites that happen to be detailed below, from our point of view are undoubtedly well worth checking out[...]……
Like or Dislike:
0 
0
Check this out…
[...] that is the end of this article. Here you’ll find some sites that we think you’ll appreciate, just click the links over[...]……
Like or Dislike:
0 
0
Websites worth visiting…
[...]here are some links to sites that we link to because we think they are worth visiting[...]……
Like or Dislike:
0 
0
Awesome website…
[...]the time to read or visit the content or sites we have linked to below the[...]……
Like or Dislike:
0 
0
Recent Blogroll Additions……
[...]usually posts some very interesting stuff like this. If you’re new to this site[...]……
Like or Dislike:
0 
0
Visitor recommendations…
[...]one of our visitors recently recommended the following website[...]……
Like or Dislike:
0 
0
Read was interesting, stay in touch……
[...]please visit the sites we follow, including this one, as it represents our picks from the web[...]……
Like or Dislike:
0 
0
Recent Blogroll Additions……
[...]usually posts some very interesting stuff like this. If you’re new to this site[...]……
Like or Dislike:
0 
0
Visitor recommendations…
[...]one of our visitors recently recommended the following website[...]……
Like or Dislike:
0 
0
Read was interesting, stay in touch……
[...]please visit the sites we follow, including this one, as it represents our picks from the web[...]……
Like or Dislike:
0 
0
Check this out…
[...] that is the end of this article. Here you’ll find some sites that we think you’ll appreciate, just click the links over[...]……
Like or Dislike:
0 
0
Links…
[...]Sites of interest we have a link to[...]……
Like or Dislike:
0 
0
Online Article……
[...]The information mentioned in the article are some of the best available [...]……
Like or Dislike:
0 
0
Looking around…
While I was surfing yesterday I noticed a excellent post concerning…
Like or Dislike:
0 
0
Websites you should visit…
[...]below you’ll find the link to some sites that we think you should visit[...]……
Like or Dislike:
0 
0
Sources…
[...]check below, are some totally unrelated websites to ours, however, they are most trustworthy sources that we use[...]……
Like or Dislike:
0 
0
Visitor recommendations…
[...]one of our visitors recently recommended the following website[...]……
Like or Dislike:
0 
0
Links…
[...]Sites of interest we have a link to[...]……
Like or Dislike:
0 
0
Visitor recommendations…
[...]one of our visitors recently recommended the following website[...]……
Like or Dislike:
0 
0
Awesome website…
[...]the time to read or visit the content or sites we have linked to below the[...]……
Like or Dislike:
0 
0
Recent Blogroll Additions……
[...]usually posts some very interesting stuff like this. If you’re new to this site[...]……
Like or Dislike:
0 
0
Gems form the internet…
[...]very few websites that happen to be detailed below, from our point of view are undoubtedly well worth checking out[...]……
Like or Dislike:
0 
0
Superb website…
[...]always a big fan of linking to bloggers that I love but don’t get a lot of link love from[...]……
Like or Dislike:
0 
0
Websites we think you should visit…
[...]although websites we backlink to below are considerably not related to ours, we feel they are actually worth a go through, so have a look[...]……
Like or Dislike:
0 
0
Websites we think you should visit…
[...]although websites we backlink to below are considerably not related to ours, we feel they are actually worth a go through, so have a look[...]……
Like or Dislike:
0 
0
Cool sites…
[...]we came across a cool site that you might enjoy. Take a look if you want[...]……
Like or Dislike:
0 
0
Superb website…
[...]always a big fan of linking to bloggers that I love but don’t get a lot of link love from[...]……
Like or Dislike:
0 
0
Read was interesting, stay in touch……
[...]please visit the sites we follow, including this one, as it represents our picks from the web[...]……
Like or Dislike:
0 
0
Sites we Like……
[...] Every once in a while we choose blogs that we read. Listed below are the latest sites that we choose [...]……
Like or Dislike:
0 
0
Websites worth visiting…
[...]here are some links to sites that we link to because we think they are worth visiting[...]……
Like or Dislike:
0 
0
You should check this out…
[...] Wonderful story, reckoned we could combine a few unrelated data, nevertheless really worth taking a look, whoa did one learn about Mid East has got more problerms as well [...]……
Like or Dislike:
0 
0
Recommeneded websites…
[...]Here are some of the sites we recommend for our visitors[...]……
Like or Dislike:
0 
0
Superb website…
[...]always a big fan of linking to bloggers that I love but don’t get a lot of link love from[...]……
Like or Dislike:
0 
0
FoxTec in the News…
[...]we like to Go to other web sites on the web, even if they aren’t related to us, by linking to them. Below are some pages worth checking out[...]…
Like or Dislike:
0 
0
You should check this out…
[...] Wonderful story, reckoned we could combine a few unrelated data, nevertheless really worth taking a look, whoa did one learn about Mid East has got more problerms as well [...]……
Like or Dislike:
0 
0
Recommeneded websites…
[...]Here are some of the sites we recommend for our visitors[...]……
Like or Dislike:
0 
0
Sources…
[...]check below, are some totally unrelated websites to ours, however, they are most trustworthy sources that we use[...]……
Like or Dislike:
0 
0
Links…
[...]Sites of interest we have a link to[...]……
Like or Dislike:
0 
0
Related……
[...]just beneath, are numerous totally not related sites to ours, however, they are surely worth going over[...]……
Like or Dislike:
0 
0
You should check this out…
[...] Wonderful story, reckoned we could combine a few unrelated data, nevertheless really worth taking a look, whoa did one learn about Mid East has got more problerms as well [...]……
Like or Dislike:
0 
0
Recent Blogroll Additions……
[...]usually posts some very interesting stuff like this. If you’re new to this site[...]……
Like or Dislike:
0 
0