Tuesday, January 13, 2009

Businesses Creates Jobs, not Government

With the economic downturn getting more severe, government is getting it wrong. They should be helping businesses grow with incentives like tax reductions with some protections to assist core industries in the US and North America. By 2011, inflationary pressures are going to enormous with the spending and printing of money. This will destroy the savings of the baby boomer generation just when they are ready to access these funds.

We are creating mini 3rd world governments in our major cities, with these city governments promising more welfare programs and benefits, rather than creating economic zones. Democrats have held strangleholds in these fiefdoms for decades while the cities have continue to decline. Only those cities with thriving business have thriving downtown communities.

People love government, because they can hold someone accountable, whom "they" can replace. What we need to do is create a capital structure for each person to become a business person for themselves. Micro lending to create and promote self reliance, hard work and the economic reward of their efforts.

No comments: