Monday, November 22, 2010

Economics Simplified ... Democrats Are You Listening?

Economics can be complex, at least in the details. In matters of broad priniciple, it can be pretty simple. Let's break it down:

More business, more jobs.
Less business, less jobs.

Tax systems that punish business, discourage business.
Tax systems that favor business, encourage business.

Increasing the expense of doing business by regulation discourages business.
Less business, less jobs.

Business uncertainty discourages business.
Government demonizing business creates business uncertainty.
Business uncertainly means less jobs.

Rewarding non-work (as by unemployment benefits and welfare entitlements) and punishing work (e.g., by taxing it) causes less work (i.e., jobs).

Is that really so tough for Obama-ites and other Democrats to understand?

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