This country was founded, developed, grew, and flourished on the principle of free enterprise. This very system is being challenged today.
As the federal government tries to get even bigger and become more of a caretaker for us, we are supposed to look to government for financial well-being and job formation. How can this be?
What product does government manufacture? None (unless you count the printing of money). Therefore, no manufacturing jobs can be created by government. They can only encourage and incentivize private businesses to expand, thus creating new jobs.
What essential service does the federal government offer? A standing armed forces. Fantastic. This is huge. Let the funding begin.
The feds used to run the post office, and they provide a few other services that they are required or permitted to do- but most of us derive no direct benefit from them.
Since they have no tangible product to manufacture and sell, they can't generate any revenue or create jobs in this sector. They also don't farm.
That leaves service, and jobs can be created here, but it is not a supply and demand situation. We are not requiring more service which would necessitate more expenditures and possibly more personnel. They are simply providing it and collecting more money from us to do it.
In a free market, supply and demand rules. When was the last time you even saw (forget about needing to purchase) a typewriter eraser, carbon paper, 8-track tape, spats, or a slide rule? The demand no longer existed for such items to continue production. I hope the people who used to manufacture slide rules found other employment.
This is the beauty of free enterprise. Every single person in this country is free to start any legal venture that they want. They are also free to fail - as many do. There are no guarantees in business although the current Washington culture would have us believe otherwise.
We are free to manufacture or sell any legal product of our choosing. We are free to provide any legitimate service that we think people will purchase. We can hire people to help us. We can build buildings and facilities. We can remain a sole proprietor or we can have a few hundred employees.
We create jobs as we create market share and expand the demand for our products and services.
The small businesses of this country - the entrepreneurs - you and me - are the ones who have and will continue to create jobs and employ our fellow citizens. Let us do what we know how to do.
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