Let’s Rely On Government to Create Jobs!

The idea that government spending is the key to job creation has been thoroughly debunked by the Obama administration. I suppose, if we wanted to be charitable, we could say this is the administration’s contribution to human wisdom. I created this chart to demonstrate the point visually; the relationship between federal spending and job growth has been, if anything, negative:

Michael Ramirez puts the point a little differently:

The point isn’t really that hard to grasp. Wasteful spending, by definition, destroys wealth. And less wealth means less ability either to hire workers or to equip them with the tools that enhance their productivity, thereby 1) making it worthwhile to hire them in the first place, and 2) increasing their wages.

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