"The most significant threat to our national security is our debt," Admiral Michael Mullen, Chairman, Joint Chiefs of Staff, August 27, 2010


Monday, September 7, 2009

Creating Jobs

What better day to discuss jobs than Labor Day?

Creating jobs is easy. It is as natural as breathing and walking.

There is really only one way to create jobs but we will discuss the political way in order to illustrate that you can create jobs the easy way or you can talk about it. Only the easy way works.

In order to create jobs one must understand the creation of wealth. Wealth is the conversion of something from the ground into something that has perceived value. Wealth is growing or extracting something from the ground and/or the making of something from that which is grown or taken from the ground. Labor (jobs) is required in order to grow/extract/make something. If you want jobs then you want wealth creation. Wealth creation to most humans is as fundamental as breathing and walking. There are some secondary forms of wealth creation. For example, transportation is a form of wealth creation. People like to get either themselves or their goods from one place to another.

If you like jobs, then you will love wealth creation. They go hand in hand.

Can you create jobs another way? No, you cannot. Can Mr. Obama create or save 3.5 million jobs? No, he cannot. Can the government create 3.5 million jobs? No, it cannot.

Well, why do they say they can?  :)

What promotes or encourages job creation? Anything that promotes or encourages wealth creation.

What discourages job creation? Unions, rules and regulations, unnecessary costs, government, taxes and payments to people for not working.

What can I do to promote job creation?   Move to a place that reads, understands and lives by TheFundamentals.  :)

Happy Labor Day.

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