Almost two-thirds of American women in the labor force are pessimistic about the job market. Well over 50% of men are pessimistic.
If the economic recovery were based on anything other than the Federal Reserve System’s creation of money, both figures would be lower. But the public sees the results of the fiat money system: reduced mobility, tighter job markets, and not much hope that things are going to get better.
The government’s restrictions on small businesses are the main cause of reduced mobility in the job market. We know what creates jobs: new businesses. Small businesses in general create jobs, but new small businesses create the most jobs. But big business, through the federal government, has the power to restrict entry. Government regulations in the labor market keep business competition restricted. So do high taxes on businesses. Big business pays its taxes, knowing that its accountants and lawyers can beat the system. This is a price big businesses pay to keep out competition.
“More jobs” is always the #1 promise of politicians. But they don’t deliver as promised. So, the voters go back and forth, voting one party in and the other out, hoping that “this time, it’s different.” It never is.
Hillary Clinton assures us that businesses do not create jobs. “And don’t let anybody, don’t let anybody tell you, that, you know, it’s corporations and businesses that create jobs. You know, that old theory, trickle-down economics. That has been tried. That has failed. It has failed rather spectacularly.”
That leaves civil government.
Why don’t I believe her?
The way to get a better job is to add more value in the eyes of the customers. This means finding a company that knows how to do this, and which is in the market for someone with your skills. That was also true in 1914, 1814, and 14.
If that sounds difficult, that’s because it is. It always will be. We need better information, more mobility, and more competition. The federal government provides less of all three — at higher prices.
