What Job Creation?


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Eric Peters
lewrockwell.com
October 28, 2013

How addled is the electorate?

I think a good measure is the extent to which office-seekers bray about “creating jobs.” In the first place, a politician no more creates jobs than a mule creates new mules. Politicians redistribute other people’s property. Qua Dr. Evil, it’s what they do.

It’s all they do.

A politician creates or expands an existing bureaucracy. He panders to the make-workers therein employed by using the coercive power of the state to increase their wages or their benefits. In this way, he shifts resources – other people’s resources. But he does not create anything. He takes from the creators – without whom he’d have nothing to redistribute. It’s a zero sum game. For every winner, there is always a loser. Predation, nothing more.

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This article was posted: Monday, October 28, 2013 at 11:07 am

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