Tuesday, November 24, 2009

Government Jobless Programs Kill Jobs

The Associated Press is reporting on the job losses being cause directly by increased unemployment taxes needed to pay jobless benefits.

It is an example of the rule: If you punish work (by taxing it) and reward non-work, what do you expect to get? IF you punish employers for having employees (by increased payroll taxes such as unemployment taxes), how do you expect employers to react?

If the cost of having employees exceeds the income generated, employers MUST get rid of employees.

As I see it, the heart of the problem is having full time legislator. These folks do not have to make a living in the real world. Those that have in the past (unlike that dunce, Sen. Sherrod Brown, D-Ohio), seem to forget what it was like when they did.

(I throw in the gratuitous insult to Senator Brown, because this is a guy that as far as I have been able to determine, never had a job outside government, and consistently votes far left. His understanding of economics [based upon his public statements], has all the economic sophistication of a middle-school Marxist. A nice, sincere, but totally clueless guy. A dunce with advanced degrees. Bad for Ohio and the United States. He is as bad as Maxine Waters and Barbara Boxer. And that is really, really bad.)

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