A Leashed System

Is it just me, or does the politician's (Perry, Romney, etc.) claim "I've created X many jobs during my term", sound strange to you as well? Now if we're talking government jobs, that's one thing (one thing any self-promoting politician would never confess to), but they lay that claim to whatever growth their state has seen in private sector employment...

So when XYZ, Inc. invests in a new production facility because its gizmo revolutionizes the gizmotech space and it anticipates massive global sales growth, and therefore employs a hundred folk, its state's governor takes the credit...

Last night President Obama, referring to job creation, admonished Congress with "we have to fulfill our responsibility"... Implying that it's government's responsibility to create jobs... If he (they) truly believes this, we're in deeper dogma doodoo than we think... For the consequence of such delusion would be evermore government spending, targeted as it may be, which means evermore capital-extraction from the private sector...

Which means less capital in the hands of entrepreneurs competing globally to produce better gizmos, better medicines, better cars, better planes, better cell phones, better energy sources, the next world-changing technology and, lo and behold, better jobs...

As Milton Friedman said;

"The record of history is absolutely crystal clear; there is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system."

Sadly, at present, the government has (ever-so-tightly) leashed the system... Hence the slow economy...