Monday, September 7, 2009

Jobs Private Sector

I just saw a post on my favorite financial blog The Big Picture that for the last 10 years we have had a net loss of 203K private sector jobs. When is the government going to understand that supporting the unions and taxing businesses to death is not the way to grow commercially. If the private sector is making money that means more taxes not less. Lower taxes now and in the long run it will be better for all of us.

There was 2.1 million new government jobs created in that time-span. How are we going to pay for them if there are not private sector jobs. This is one of those things that seems so clear but Congress seems to ignore this fact. It is all so scary, at some point the government is going to have to pay it's debts.

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