You don’t have to watch more than eight minutes into this video to hear President Bill Clinton say that, in the last 52 years, the American economy has produced 66 million private-sector jobs. “So, what’s the score? Republicans 24 million; Democrats 42.” What’s a poor soul to do with this overwhelming fact? Does Democratic policy really foster the free market and the private sector? I think not.
It doesn’t take a degree in political science to know how these two parties view the growth of jobs in the private sector. One party (at least in its pure and historic form) favors lower taxation to allow private investing and growth. This might be termed a “natural” growth of private-sector jobs. The other party tends to work “with the government” to create jobs. That is, they create stimulus packages and the like to throw public money (YOUR money) at various industries in the private sector and *PRESTO* there are private-sector jobs! Jobs can be “created” all day long by taxing folks and putting that money back into the marketplace here and there (where ever is most, well, expedient). I can “create” a job for my kids by stealing my neighbor’s money and funding their lemonade stand. Anyone can see, however, that this policy just might be counter productive. It is certainly so in the long run.
President Clinton’s shell game is plain for anyone to see. I know… I know… he was so “full of facts” that everyone’s back voting for Obama again. The problem is that these “facts” are too often simply sleight-of-hand style political tricks. Folks who fall for them deserve what they get.