Wednesday, July 13, 2005

Multitude of personal decisions

Cafe Hayek: The Great Job Rain Forest
Job creation in the United States is a function of population growth, the incentives for work and investment built into our tax system, our culture and the demographics of the work force. It has little or nothing to do with the wisdom of the President. I hate it when a President says something like "My administration has created x million jobs." Job creation has little or nothing to do with the wisdom of Alan Greenspan (though he, like the President can muck things up with indecisive or erratic decisions). It has little or nothing to do with the trade deficit or China.
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